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Zou said China will curb market disruptions, correct one-sided yuan moves and guard against the risk of the currency overshooting.

That may help curb market volatility, analysts said.

New measures proposed by China on Jan. 20 to curb market concentration in its online payments market could slash Ant’s valuation by roughly two-thirds to just over $100 billion, according to Bloomberg Intelligence.

The biggest lesson is that greenhouse-gas policies do not have to be dictated by left-wing activists who want to curb market forces.

Each of the statements said assessing fees will "further curb market manipulation and extreme volatility".