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  • The Independent

    Beijing replaces head of China Securities Regulatory Commission during stock market slump

    by Via AP news wire Feb 07, 2024 2 minutes
    Source: Chinatopix

    Beijing on Wednesday replaced the head of the China Securities Regulatory Commission in an apparent effort to restore confidence in the stock market following major losses in domestic share prices.

    A brief statement from the official Xinhua News Agency said Wu Qing, a banking industry veteran and former vice mayor of the financial hub of , was taking the and government positions formerly held by Yi Huiman.

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