China’s top two stock exchanges met representatives of foreign money managers and investment banks, as regulators look at ways to shore up sentiment among overseas investors after the market’s worst start to a year since 2016.
The shift to a more aggressive monetary and fiscal easing at last month’s Politburo meeting and subsequent economic work conference has improved expectations about the nation’s economic prospects and bolstered confidence among global investors, the Shanghai and Shenzhen bourses said in separate
statements on Sunday night after meeting representatives of 16 unnamed overseas money managers and investment banks.
The participants suggested more presentations on Chinese policies and overseas roadshows by blue-chip companies to help foreign investors better understand the dynamics of the economy and publicly traded companies, the statements said.
“The foreign institutions that attended the meeting made…