CSRC Chairman: Focus on Strengthening Supervision of New Business Models and Deepening and Refining Regulation of High-Frequency Quantitative Trading

At the press conference on the economic theme of the Fourth Session of the 14th National People's Congress, Wu Qing, Chairman of the China Securities Regulatory Commission, stated that efforts will be made to strengthen the regulation of new types of businesses. The overall consideration is to seek benefits while avoiding harm, standardize development, effectively regulate, and strictly control risks. The main measures include highlighting the principle of fairness, deepening and refining the regulation of high-frequency quantitative trading, issuing regulatory measures for derivative trading, supporting legal and compliant risk management activities, and restricting excessive investment according to the rules