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CSRC Chairman Liu Shiyu remarked earlier this month that listed companies should use stock splits for the right reasons, else they would become targets of regulatory scrutiny.

COVID-19 cases in the United States rose above 600,000 with over 26,000 deaths as the debate over reopening the economy heats up.

Calls were made at the meeting for greater efforts to encourage more private investment and to lower the threshold for private investment to enter key areas. Shoring up weak links, boosting domestic demand, promoting employment and strengthening the impetus for long-term development were also urged.

CICC expects incremental easing of market liquidity stress levels from June if the PBOC continues with open market operations to guide short-term rates to a more sustainable level.

CNPC Central Asia is highly localized, with 98 percent of its employees coming from local countries and regions.