Cover Story: How Beijing Intervened to Save China's Stocks

(Beijing) – Top executives from 21 securities firms spent the morning of Saturday July 4 pinned to government office chairs while the future of China's stock markets hung in the balance.

They'd been summoned on a day off to the Beijing office of the China Securities Regulatory Commission (CSRC) for talks aimed at pulling the Shanghai and Shenzhen stock exchanges out of a three-week tailspin.