Beijing will vet IPOs more closely, 'severely punish' securities fraud, and also increase supervision of listed companies to ensure they give better dividends and don't 'worship money'

A sudden rebound in the CSI 300 index on February 8 triggered speculation that China’s “national team” was once again...

The national team's most famous stock market intervention came in 2015, when state funds invested $158 billion to stabilize the market after a rout triggered by a shock yuan devaluation.