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CSF to step up buying of smaller company shares to ease liquidity crunch
http://www.ecns.cn/cns-wire/2015/07-08/172337.shtml
Jul 8th 2015, 03:22
证监会：证金公司将加大中小市值股票购买力度
据证监会网站消息，证监会新闻发言人邓舸在回答记者提问时表示，中国证券金融股份有限公司将在继续维护蓝筹股稳定的同时，加大对中小市值股票的购买力度，缓解市场流动性紧张状况。
(ECNS) � China Securities Finance Corporation Limited (CSF), the national margin trading service provider, will continue efforts to stabilize blue-chip stocks while stepping up the buying of small and mid-cap stocks, in a bid to ease the liquidity crunch on the market, China's securities watchdog said on Wednesday.
Deng Ge, a spokesperson for the China Securities Regulatory Commission (CSRC), said that irrational panic selling is to blame for the recent liquidity crunch on the stock market.
The CSF has made the decision to help restore normal trading, Deng said.
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