At a State Council Information Office press conference, Wu Qing, Chairman of the China Securities Regulatory Commission (CSRC), vowed to strengthen efforts to maintain positive market stabilization trends, dynamically refine contingency plans to counter external risks, and fully support Central Huijin's role as a stabilization fund. Moreover, the CSRC will expedite the release of regulations and guidelines on major asset restructurings for listed companies to enhance the capital market’s role as a primary channel for mergers and acquisitions.Related NewsUBS Lists Stocks w/ Highest Net Inflows of Southbound Funds YTD (Table)Wu emphasized that "reliability" is the core characteristic of China’s capital markets, underscoring that the commitment to market stability is not mere rhetoric but backed by concrete actions. He expressed confidence in the CSRC’s ability and resources to achieve stable and healthy development of China’s stock market.Wu also revealed that new measures to deepen reforms of the STAR Market and ChiNext will be introduced soon, focusing on improving market tier structures and investor protections to enhance inclusivity and adaptability.