China makes long-term commitment to stabilise stocks

China's market regulator on Friday made a long-term commitment to stabilising the volatile stock market for a "number of years", in what analysts said was an attempt to boost weak investor sentiment. The China Securities Regulatory Commission (CSRC) said the state-backed China Securities Finance Corp. (CSF), which is tasked with buying shares on behalf of the government, will have an enduring role. "For a number of years to come, the China Securities Finance Corp. will not ex