Caixin carries a report saying the China Securities Regulatory Commission has scrapped its single focus on rescuing the stock market

Caixin citing sources close to the CSRC

  • the Commission has made clear its own position, no longer intervene in the market's own ups and downs, but efforts to create "open, fair and just" market order.

The article is not in English, but thanks to my super Mandarin skills (and maybe Google Translate :-D ) this seems to be the gist of it

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Caixin Media a Beijing-based media group providing financial and business news