China Securities Regulatory Commission responds positively to A-share valuation

2024-01-13 17:59:35

[#CSRC responds positively to A-share valuation#]According to @First Financial Daily, on the afternoon of January 12, the China Securities Regulatory Commission held a press conference to provide a centralized response to market concerns. The meeting was chaired by Gao Li, spokesperson of the China Securities Regulatory Commission. Yan Bojin, Director of the Issuance Department of the China Securities Regulatory Commission, Guo Ruiming, Deputy Director of the Listing Department (in charge of work), and Lin Xiaozheng, Deputy Director of the Institutions Department, attended the meeting to answer reporters’ questions. At the meeting, Lin Xiaozheng said that since 2023, going against the market trend has become the market consensus. “Industry organizations generally believe that, on the one hand, the basic trend of China’s economic recovery and long-term improvement has not changed; on the other hand, the current valuation level of the A-share market is at a historical low, and it has high investment potential in the long term. Value. At this stage, we are facing a better time window for counter-cyclical layout, which is conducive to investors obtaining better investment returns.” She said that the China Securities Regulatory Commission is studying and formulating an incentive and restraint mechanism for counter-cyclical layout, focusing on motivating institutions to focus on functionality Prime position.

Published in: Beijing

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