CSRC: Maintain a Stable and Vibrant Capital Market, Strive to Consolidate Favorable Momentum

Grandon Review July 25th | The China Securities Regulatory Commission (CSRC) held a conference on party building and mid-year work for the CSRC system. The meeting emphasized that in the future period, the internal and external environment of the capital market will still be complex and challenging, but the determinacy of high-quality economic development, macro policy expectations, and the certainty of China's asset valuation adjustment provide a foundation and conditions for maintaining a stable and healthy market operation. The CSRC system must firmly grasp the four key points: keep the market stable, regulation strict, function strong, and team solid, continuously gather stable power, boost forward momentum, maintain a stable and vibrant capital market, and better serve the continued upward trend of the economy and China's modernization. Strive to consolidate favorable momentum. Further improve the stability mechanism, enhance the effectiveness, foresight, and risk response of market monitoring and regulation, and strengthen guidance on expectations.