May 20 (Reuters) - China's markets regulators are
planning a meet with investors in Europe this week to revive
their interest in the world's second-biggest stock market,
Bloomberg News reported on Monday, citing unidentified people
familiar with the matter.
Fang Xinghai, vice chairman of the China Securities
Regulatory Commission (CSRC), would speak with investors in
Paris on Wednesday and London on Thursday at meetings where
senior officials from the People's Bank of China, National
Financial Regulatory Administration and State Administration of
Foreign Exchange are also expected to speak, the report said.
Executives from 15 Chinese-listed companies, including China
United Network Communications Ltd, CMOC Group Ltd
and Ganfeng Lithium Group Co are also
join the meetings, the report added.
The Shanghai and Shenzhen stock exchanges are hosting the
meetings, according to the Bloomberg report. The Shenzhen
exchange didn't immediately respond to a Reuters request for
comment while the Shanghai exchange could not be immediately
reached.
The push to shore up interest in the country's stock market
comes amid CSRC'S moves last month to raise the bar for initial
public offerings (IPOs), force unqualified companies to delist,
and strengthen the oversight of high-frequency trading which was
aimed at improving the stock market and protecting investors'
interests.
The country's blue-chip index, has rebounded from
five-year lows hit in February.
($1 = 7.2315 Chinese yuan renminbi)