Regulator: No indication of illegal foreign capital inflows or outflows

There is insufficient evidence to show that foreign capital is aggressively underselling stocks or taking short positions in China's A-share market, a spokesman for the China Securities Regulatory Commission said on Friday.

As the capital account has not yet been completely opened, overseas funds can only invest in the mainland securities market under the Qualified Foreign Institutional Investors, or QFII, plan, which is supervised by the State Administration of Foreign Exchange, he said.