China News Service, Beijing, October 19 (Reporter Chen Kangliang) Wu Qing, Chairman of the China Securities Regulatory Commission, stated at the 2026 Financial Street Forum Annual Meeting on the 19th that stability should be the top priority and that all efforts will be made to maintain the safety and stability of the capital market.
Talking about the current and future work, Wu Qing said that the China Securities Regulatory Commission will adhere to the general tone of seeking progress while maintaining stability, further improve the capital market functions that coordinate investment and financing, and continue to enhance market resilience and confidence. Main tasks include:
We will make every effort to maintain the security and stability of the capital market. We will closely track market dynamics at home and abroad, consolidate and improve the construction of market stabilization mechanisms, focus on strengthening new business risk prevention, and be highly vigilant about new risk points such as overseas leveraged products linked to A-share stocks. Promote the further improvement of the long-term assessment mechanism adapted to long-term investment, expand the sources, channels and market entry methods of medium and long-term funds, and continue to deepen the reform of public funds. Encourage qualified listed companies to increase repurchases and increase holdings.
Continue to deepen the inclusive reform of the capital market. Implement the reform measures of the "Two Innovation Boards" and further improve the identification and screening mechanisms for technology companies; study and promote multi-level market reform and implement more inclusive and adaptable issuance and listing, mergers and acquisitions and reorganization systems; choose the opportunity to release newly revised securities issuance registration management measures and supporting rules for listed companies; accelerate the introduction of regulatory regulations for listed companies; intensify the promotion of high-quality development actions for securities companies.
Vigorously cultivate a standardized and healthy market ecology. We will further strengthen the supply of systems and mechanisms and resolutely maintain an open, fair and just market order. Four measures will be launched in the near future, including preparing to establish a fund industry operation monitoring center, issuing opinions on the implementation of safe and compliant applications of artificial intelligence in the securities and futures industry, improving penalty rules for illegal holding reductions, and formulating and issuing guidance on advance compensation in the securities market.
Expand high-level market opening in an orderly manner. Improve the convenience of QFII (Qualified Foreign Institutional Investor) investment operations and support domestic and foreign institutions to cooperate in launching more indices and products based on Chinese assets. Encourage foreign-funded institutions to make good use of the parent company's professional capabilities and group advantages to further improve product layout, participate in innovative businesses, and support more foreign-funded institutions to invest and develop businesses in China. Implement the new "five synergies" cooperation model between the mainland and Hong Kong markets, and accelerate the inclusion of RMB stock trading desks and REITs (real estate investment trust funds) into the Shanghai-Shenzhen-Hong Kong Stock Connect.
