GitHub

The CVM Network launched a message from President Wu Qing at the Fourth General Assembly of the China Securities Investment Fund Industry Association. Wu Qing stated that it was important to maintain customer orientation and to keep the investor ' s interests first. Both public and private funds must adhere to their obligation to be “trusted and well-financed” and continue to strengthen institutional constraints and rebuild interests to accelerate the transition from “heavy scale” to “heavy return”. The current reform of the Public Fund has ushered in a critical node of the "Cheg to the Midway " , and the industry's reputation has recovered, and it is important that the development gains of the reform be sustained and sustained. There is a need to strengthen the binding of benefits, implement new regulatory and reform requirements in various areas, such as corporate governance, product issuance, investment operations, performance appraisals, improve the soundness of investment operations, enhance counter-cyclical thinking, strive to create more sustainable medium- and long-term returns for investors, and resolutely curb the ills of gambling lanes, style drifts, high-profile issuances, etc., and go back to the old road of “smuggling, making money”. Focusing on equity investment is key to the strengths of service investors in the sector, and more effort is needed to strengthen professional capacity-building in investment and to enhance the impact and competitiveness of equity investments in the sector. Demand-supply adaptation needs to be strengthened, with a focus on the creation of robust products, such as rights-based low-waves, more investment products with medium- and long-term financing to better match the differentiated needs of different groups, while accelerating the shift towards return-oriented buyers and increasing investor satisfaction and access. Original language link (Security Times)