China stepped up attempts to calm frayed investor nerves after a wild markets rout this week by telling foreign brokerages not to 'overinterpret' its latest regulatory actions, setting the stage for a rebound in beaten-down stock on Thursday.
, among others, attended the meeting, said the people, who declined to be named as they were not authorised to speak to the media.
CSRC and Credit Suisse did not immediately respond to Reuters' request for comment. Representatives at Goldman, JPMorgan, and UBS declined to comment. Bloomberg first reported the development on Wednesday. Beijing, however, has stepped up efforts to soothe investor nerves over the last couple of days amid concerns that a sharp sell-off in equities could have a spillover effect to other asset classes, including bonds and foreign exchange.
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