The nation's securities regulator denied a report Monday that it is working on exit options for the funds that were used to stabilize the stock market on the Chinese mainland.

The denial followed a report earlier in the day by Beijing-based Caijing magazine, which said that the China Securities Regulatory Commission (CSRC) is considering the withdrawal of stabilization funds from the A-share market.

The report also listed several fund exit options for the State-backed China Securities Finance Corp (CSFC), which served as the conduit for the central bank to inject capital into the stock market.

The report is untrue, Zhang Xiaojun, a spokesman for the securities regulator, said in a statement posted on the commission's Weibo account.

"The CSRC believes it is irresponsible for the media to fail to verify reports with the relevant authorities, which will have a major impact on the market," Zhang said.

He added that the securities regulator will continue efforts to stabilize the stock market, restore investor confidence and prevent systemic risks.

Analysts said that while the  market has stabilized following a series of government support measures, there is new concern over when and how to withdraw the stabilization funds and let the market return to normal.

With liquidity support from the central bank, the CSFC purchased shares and offered financing to brokerages to help stabilize the securities market.