Wu Qing: Strive to Strengthen Supervision of New Business Types, Deepen and Refine Oversight of High-Frequency Quantitative Trading
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Author:小编   

On March 6, at the economic-themed press conference of the Fourth Session of the 14th National People's Congress, Wu Qing, Chairman of the China Securities Regulatory Commission, stated that supervision of new business types will be strengthened, adhering to the principles of harnessing benefits, avoiding risks, standardizing development, effective regulation, and strict risk control. The focus will be on deepening oversight of high-frequency quantitative trading, introducing regulatory measures for derivatives trading, supporting lawful risk management, and restricting excessive investment.