CSRC Chairman Wu Qing: Enhance the stability of investment operations and strive to create more sustainable medium and long-term returns for investors
China's top securities regulator, Wu Qing, has urged investment fund managers to prioritize long-term investor returns over sheer scale. He emphasized a shift from "focusing on scale" to "focusing on returns," aiming to curb practices like chasing speculative trends or style drift. The goal is to foster more sustainable, medium-to-long-term gains for investors and enhance the industry's reputation. AI