Securities watchdog to channel more medium- and long-term capital into China markets

China’s securities watchdog has pledged to channel more medium- and long-term capital into the country’s stock markets and fortify financial defences against external shocks, as authorities move aggressively to stabilise sentiment following recent market turbulence. At a meeting on Thursday, the China Securities Regulatory Commission announced a raft of measures aimed at maintaining smooth market operations and reinforcing the capital market’s resilience. The regulator said it would “more...