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Monday, February 13, 2017
What did Chairman Liu of China Securities Regulatory Commission reveal?
ANBOUND

On February 10, 2017, in the annual meeting of securities and futures regulatory work, Liu Shiyu, Chairman of the China Securities Regulatory Commission voiced out certain words that have caused much discussions in the market. By analysing these words, Anbound research team believes that Chairman Liu Shiyu's emphasis on capital markets does not allow predators to do whatever they want like exploiting the retailers; he also criticized many securities companies and analysts for cheating. This shows that the authority will mobilize more forces to rectify the capital market order to protect the interests of small and medium investors to curb illegal capital outflows and punish corruption in officialdom. In addition, the authority will accelerate the speed of IPO approval, so that more good companies can be well financed.

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