Experts sees 'tough' capital market reform
4 months, 4 weeks ago

Experts sees 'tough' capital market reform

China Daily  

Reforms need to be deepened urgently to preempt rule violations and further develop an investor-oriented capital market, said a leading financial expert and senior economist. Wu Xiaoqiu, former vice-president of the Renmin University of China and dean of the university's National Academy of Financial Research, said in an exclusive interview with China Daily that China's capital market is undergoing a fundamental transformation, shifting its focus from serving the financing needs of listed companies to helping investors manage their wealth. In April, the State Council, China's Cabinet, released a guideline that rolled out nine measures to promote high-quality development of the capital market, drawing up a blueprint for the market and featuring an intensified crackdown on securities violations and strengthened investor protection. Wu said the guideline has set the right tone for future capital market reform, urging "tough laws and harsh punishments" to stem violations and address the prominent issues of fraudulent listings and false disclosures.

History of this topic

Better financial regulatory system urged
4 months, 1 week ago
Better financial regulatory system urged
4 months, 1 week ago
Measures to bring financial market on to a healthier development track
4 months, 3 weeks ago
Reform seen aiding stock market's long-term development, stability
4 months, 3 weeks ago
Experts sees 'tough' capital market reform
4 months, 4 weeks ago
Experts sees 'tough' capital market reform
4 months, 4 weeks ago
Expert sees 'tough' capital market reform
5 months, 3 weeks ago
Stricter scrutiny for capital markets
7 months ago
Insiders shrug off volatility in stock market
8 months ago
Experts: New rules to help foster healthy, bullish stock market
8 months, 1 week ago
Key guideline to help boost confidence
8 months, 1 week ago
Key guideline to help boost confidence
8 months, 1 week ago
Improving regulations ensures fair market environment for retail investors
9 months, 2 weeks ago
China pledges further institutional opening-up of capital market
3 years, 4 months ago

Discover Related