China Securities Regulatory Commission (CSRC) in Beijing Photo:VCG

China Securities Regulatory Commission (CSRC) on Thursday refuted rumors that regulatory authorities have instructed listed companies to release "all negative news" related to the market before January 15, as well as rumors regarding large redemption of public funds by insurance companies.

The CSRC has taken note of the false information and has arranged to trace its source in accordance with the law. The commission will take strict action against those who fabricate and spread stock market rumors and will continue to work toward purifying the information dissemination environment in the capital market.

Global Times