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China's new securities chief said to urge strict market supervision

He vows to take tough stance on misconduct, asks the regulator to actively guide funds into equities

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Mr Liu tells senior officials at the China Securities Regulatory Commission that its main tasks include strictly supervising the market and checking for manipulation.

Beijing

THE new head of China's securities regulator has indicated he will take a tough stance on misconduct and support the stock market by driving more capital into it, according to people familiar with the situation.

In his first comments since taking over as the chairman of the

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