China’s Securities Regulator Steps Up Efforts to Bolster Sagging Market

Chinese regulators proposed measures including cutting transaction fees in another effort to prop up the sinking stock market, which has been rattled by persistent sell-offs amid concerns over the sluggish economy.

The China Securities Regulatory Commission (CSRC) plans to reduce the handling fee in stock transactions while studying an extension of trading hours for stocks and bonds, the agency said late Friday. The mainland’s stock bourses currently trade four hours a day, compared with 5.5 hours in Hong Kong and 6.5 hours in the U.S.