Connect with us

Hi, what are you looking for?

Imsilkroad

Chinese regulator stresses capital market opening-up, risk prevention

Abstract : China will continue to open up its capital market and keep an open, supportive attitude toward the set-up of institutions as well as the launch of businesses and products, the head of the country's securities regulator said Saturday.

BEIJING, March 20 (Xinhua) — China will continue to open up its capital market and keep an open, supportive attitude toward the set-up of institutions as well as the launch of businesses and products, the head of the country’s securities regulator said Saturday.

“But at the same time, we must also pay attention to coordinating opening-up and risk prevention,” said Yi Huiman, chairman of the China Securities Regulatory Commission, at a roundtable of the China Development Forum.

Yi warned against large amount of hot money running in and out, which would hurt the healthy development of the market and should be “strictly regulated.”

He also urged cooperation with U.S. regulators to properly address the issues concerning China concept stocks as disagreements could only be resolved through negotiation.

Since China detailed nine measures to expand opening-up in the capital market at the Lujiazui Forum in Shanghai in 2019, vigorous policies have been rolled out to facilitate cross-border capital flows.

By the end of 2020, China had seen three consecutive years of net foreign capital inflows, with overseas investors’ holdings of A-share assets topping 3 trillion yuan (about 460.8 billion U.S. dollars), according to Yi. Enditem

About Xinhua Silk Road

Xinhua Silk Road (en.imsilkroad.com) is the Belt and Road Initiative (BRI) portal.China’s silk road economic belt and the 21st century maritime silk road website,includes BRI Policy, BRI Trade, BRI Investment, Belt and Road weekly, Know Belt and Road, and the integrated information services for the Belt and Road Initiative (BRI).

Source: Chinese regulator stresses capital market opening-up, risk prevention

Press Release Wring Service
Press Release Wring Service Senmer Press Release Service

Trending

You May Also Like

Purifier

Hot selling well newest reserch humidifier with three grades mist output air purifiers 1 Specification& function Specification Product name 6-Stage Purification Air Purifier With Negative Anion and Humidifier Model No. OLS-K05 Negative ionic releasing(/cm3) 50 million...

Purifier

Best indoor air purifier small house purification with HEPA Porduct Name Air Purifier Model A3 Style Household / business type Lowest Noise 30 dB Particulate CADR 200m³/h Highest Noise 58 dB Voltage 110 / 220V(Optional) Rated Power...

Sticky Post

Repost Your Products Articles To Web2.0 + Social Sites + Photo Sites + Bookmark Sites 0.5$ to publish 1 article to 15 sites,average just...

Purifier

We believe that always we would hear the hydrogen water have antioxidation fuction, actually we don’t know what is antioxidation and why it’s so...