CSRC Vows to Crack Down on Malicious Short Selling to Stabilize Stock Market

China’s securities regulator issued a series of statements Monday on improving the quality of listed companies and cracking down on illegal short selling, to maintain market confidence amid the stock market slump.

Recently, as the stock market continued to fluctuate, the China Securities Regulatory Commission (CSRC) has found multiple malicious short-selling cases, in which violators were suspected of manipulating the market and damaging the legitimate interests of investors, the regulator said.