Expert sees 'tough' capital market reform Economist: Recent frauds call for stringent moves to protect investors By ZHOU LANXU and OUYANG SHIJIA | China Daily | Updated: 2024-07-02 09:12

https://www.chinadaily.com.cn/a/202407/02/WS6683540ba31095c51c50bcfb.html The next wave of China's capital market reform could see "harsh punishments and tough laws" to rein in illegal activities as property giant Evergrande's recent meltdown due to debt troubles underscored the gravity of securities malpractices, said a leading financial expert and senior economist.