China vows 'zero tolerance' for capital market violations

In this undated photo, an investor checks stock prices at a brokerage in Shenyang, capital of Liaoning province. - China Daily

BEIJING (Xinhua): China's financial regulators will have 'zero tolerance' over illegal activities in the country's capital market such as fraudulent securities issuance and financial fraud, it was said at a key meeting.

China should take multiple measures to enhance the enforcement of laws and regulations in the securities sector to maintain a healthy and stable capital market environment, according to a Saturday (July 11) meeting of the financial stability and development committee under the State Council.