[CSRC Holds Investor Symposium to Solicit Opinions and Suggestions]
On the morning of July 20, Wu Qing, Secretary of the Party Committee and Chairman of the China Securities Regulatory Commission (CSRC), visited a securities brokerage in Beijing and chaired an investor symposium. He met face-to-face with eight representatives of various types of investors, including large, medium, and small retail investors, to solicit opinions and suggestions on promoting the stable and healthy development of the capital market.
At the meeting, investor representatives shared their experiences and insights from investing in and participating in the stock market. They stated that since the implementation of the new "Nine Articles," my country's capital market has generally shown a steady and positive development trend. Recently, affected by factors such as imported risks from abroad, the A-share market has experienced significant fluctuations. However, the policy logic, innovation logic, and security logic of the capital market since "September 26" have not changed, and short-term fluctuations do not alter the long-term positive trend. They suggested strengthening counter-cyclical adjustments in the primary and secondary markets, using multiple measures to guide medium- and long-term funds into the market, standardizing the development of quantitative trading and AI applications, further encouraging listed companies to increase dividend payouts, raising the cost of securities violations, and fully promoting the high-quality development of the capital market.
Wu Qing stated that investors are the foundation of the market and the most important participant group in the capital market. The China Securities Regulatory Commission (CSRC) will adhere to the integrated approach of preventing risks, strengthening regulation, and promoting high-quality development in the capital market. It will strive to maintain stable market operation, enhance the transparency and authenticity of listed companies, better reward investors, urge industry institutions to standardize operations and improve investor services, continuously improve the long-term mechanism for investor protection, and resolutely safeguard an open, fair, and just market order, so that investors can better share in the fruits of high-quality economic and capital market development.
Key officials from relevant departments of the CSRC and the Beijing Securities Regulatory Bureau participated in the discussion.
