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CSRC Symposium Focused On Stability - Experts

CHINA PRESS
MNI (BEIJING)

China Securities Regulatory Commission Chairman Wu Qing focused on stabilising market confidence and promoting long term systems at the regulator's recent symposium, according to experts in attendance. Peng Wensheng, chief economist at the CICC Research Institute, said attendees agreed the market registration system needed reform to protect small and medium investors better and strengthen anti-fraud supervision. Wu Xiaoqiu, dean of the China Capital Market Research Institute, also in attendance, noted the central bank must take measures to stabilise the capital market as regulators have the tools but no funds.

MNI Beijing Bureau | lewis.porylo@marketnews.com
MNI Beijing Bureau | lewis.porylo@marketnews.com

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