Reporter of China's **Daily*** Group Li Shuchao Zhang Ling.
On March 6, Wu Qing, chairman of the China Securities Regulatory Commission, delivered a speech on further promoting the high-quality development of the capital market at the economic theme press conference of the second session of the 14th National People's Congress, which aroused the active recognition and attention of the heads of asset management institutions.
A number of heads of asset management institutions said that Chairman Wu Qing's speech further clarified the direction, cornerstone and pillar of the development of the capital market, and also provided clear guidance for the future development of the capital market. With the further deepening of the reform and standardized development of China's capital market, it will also effectively boost market confidence.
Implement "investor-oriented".
Transform your wealth management
In response to Chairman Wu Qing's speech, Li Wen, chairman of China Universal Wealth, said that Chairman Wu Qing's speech further clarified the direction, function, principle, cornerstone and pillar of the development of the capital market, and also gave greater responsibility and higher requirements for the high-quality development of the public offering industry.
Zhu Jian, Secretary of the Party Committee and Chairman of Guotai Junan Co., Ltd., also said that Chairman Wu Qing clearly pointed out the crux of the current market operation, clarified the main line of the next step of "strengthening supervision, preventing risks, and promoting development", and once again emphasized the political and people's nature of financial work, which not only pointed out the direction of deepening the reform of the capital market, but also provided clear guidance for the future development of the industry.
In his speech at the press conference on economic themes, Wu Qing repeatedly mentioned the concept of "investor-oriented", and talked about "protecting the legitimate rights and interests of investors, especially small and medium-sized investors", "treating investors sincerely and well, serving investors better", and "better rewarding investors".
In this regard, Li Wen said that after 25 years of development, the public offering industry has actively served the majority of investors and long-term funds such as social security and insurance, and has become the main force of inclusive finance and pension finance. In the future, the public offering will always adhere to the investor-oriented concept, attach great importance to the long-term and stable returns of investors, continue to improve investment capabilities, enrich innovative products and services, actively carry out investment consulting business and investor education, serve the entry of medium and long-term funds such as personal pensions, and effectively enhance investors' sense of gain and satisfaction.
Zhu Jian also said that it is necessary to thoroughly implement the concept of "investor-oriented" and firmly promote the transformation of wealth management. Adhere to long-termism and fiduciary obligations, accelerate the improvement of professional capabilities such as asset allocation, and provide customers with professional wealth management services with a better experience and a stronger sense of gain.
Set up a special department for the protection of investors' rights and interests, take the protection of the legitimate rights and interests of small and medium-sized investors as an important core task of the company, and strive to guide investors to cultivate value investment, rational investment and long-term investment concepts. Zhu Jian said.
At the same time, Zhu Jian added that as a listed company, it is necessary to continuously improve its value creation ability. He said that he will thoroughly implement the work requirements of the China Securities Regulatory Commission on promoting listed companies to enhance their investment value, and take multiple measures to actively improve investor returns by normalizing dividends and strengthening investor relations management.
Give full play to the role of institutional investors
Help accelerate the construction of a financial power
The above-mentioned asset management institutions said that as an important part of the asset management industry, public offerings, securities companies and other institutions should give full play to the role of institutional investors, build first-class investment institutions, and better serve the medium and long-term capital market and the construction of a financial power.
Li Wen said that institutional investors should adhere to the high-quality development of the industry and help accelerate the construction of a financial power. Chairman Wu Qing pointed out that "strengthening the internal stability of the capital market includes at least 'one cornerstone' and 'five pillars': one cornerstone is high-quality listed companies, and the five pillars refer to funds, systems, mechanisms, institutions, supervision, etc."
Li Wen believes that as one of the key pillars of the institution, public offering has played an important role in meeting the wealth management needs of residents and serving the development of the real economy. In the future, the public offering will further return to its origins, be diligent and responsible, put functionality in the first place, strengthen the counter-cyclical layout of products, continuously improve the core capacity building such as investment and research capabilities and industry culture, actively practice the path of high-quality development, strive to build a first-class investment institution, and conscientiously write the "five major articles" of finance, so as to give full play to the hub function of the capital market and accelerate the construction of a financial power.
Zhu Jian said that it is necessary to give better play to the professional capabilities of institutions and transactions, and make every effort to serve all kinds of medium and long-term funds to enter the market. Deepen the institutional customer service model of "comprehensive sales + professional sales", spill over professional trading and investment capabilities, integrate and output all-round and customized service solutions, meet the comprehensive financial service needs of medium and long-term funds in one stop, better serve the construction of the investment side of the capital market, and promote more medium and long-term funds to enter the market.
In addition, Zhu Jian also mentioned that institutional investors should also adhere to the bottom line of compliance and build a solid core competency pillar of "robust compliance culture". Actively adapt to the requirements of "strict supervision and strict management", comprehensively build the three lines of defense of "business unit, compliance and risk control, and audit and audit", and promote the formation of a complete system and unified standards.
1. A compliance risk management and control system with hierarchical management, efficient communication, and strong supervision to firmly maintain the bottom line of no systemic financial risks.
Edit: Captain's Review: Muyu.