China Regulators Highlight Stability in Bid to Stem Stock Market Rout

Regulatory bodies issued statements to instill calm in the markets. The PBOC governor and heads of insurance and securities regulators reiterated past statements and introduced new measures. These include encouraging insurance products and local government-backed funds to manage shared risks. The focus is on maintaining macro stability and boosting market confidence.

What was the focus of the statements made by the regulators regarding macro stability?

In what ways did the regulators aim to boost confidence in the market?