Vice Chairman of the CSRC Li Ming: Firmly prevent drastic market fluctuations and sharp rises and falls
Li Ming, Vice Chairman of the China Securities Regulatory Commission, emphasized the need to prevent severe market fluctuations, promote the entry of medium- and long-term funds into the market, expand the investment scale of social security, insurance, and annuities, deepen public fund reforms, enrich long-term investment index products, enhance the stability of the capital market, and ensure the smooth operation of the market
Li Ming, Vice Chairman of the China Securities Regulatory Commission, stated that on the investment side, efforts should be made to continuously improve the market ecology for long-term capital and long-term investment, actively promote the implementation of plans for the entry of medium- and long-term funds into the market, continuously expand the scale and proportion of equity investments such as social security, insurance, and annuities, deepen public fund reforms, enrich index products suitable for long-term investment, and better leverage the stability and ballast role of medium- and long-term funds. In addition, it is essential to strengthen the strategic reserve of forces and the construction of market stabilization mechanisms, enhance the inherent stability of the capital market, and resolutely prevent significant market fluctuations and rapid rises and falls. (Shanghai Securities News)
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