New head of China's market regulator is known to "fight fires fast"

New head of China's market regulator is known to "fight fires fast"

FILE PHOTO: A Chinese national flag flutters outside the China Securities Regulatory Commission (CSRC) building on the Financial Street in Beijing, China July 9, 2021. REUTERS/Tingshu Wang/File Photo

The new head of China’s market regulator is tough on insider trading, fights fires fast, works closely with Communist Party leaders and has managed a stock exchange—a perfect profile for someone taking charge of the country’s cratering stock markets.

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