Chinese stock market is one of the worst world's performing market as this market has slid around 26% this yaer.Authorities are waiting till the index falls below 2,200 points from the 2,413 level at midday on Thursday, Chinese authorities are unlikely to do anything to stop the market from falling, analysts said.
High proprty prices,inflation,etc are already listed on the govt's to do list.Though authorities are looking to intervene a bit but only lightly.As reuters stats possible steps might be to slow down the IPO approvals to ease liquidity pressures and potentially spreading them out so the market can more easily absorb new share listings.