On 26 April, Shenzhen Stock Exchange and Xinjiang Bureau of China Securities Regulation Commission jointly held a “members network ‘protection for investors’” training exchange activity, with the theme of ‘transparency, rationality, and appropriateness’. This activity aims at propelling the members to enhance works on protection for investors, guiding the investors to invest rationally, deepening the investor appropriateness management in the multi-layer capital market, and foster inghealthy and rational investing culture in the capital market. More than 300 people, including directors of members’ network in Xinjiang, and all the members of securities and futures associations, attended this training. Song Liping, general manager of SZSE and Hou Lichun, party secretary and director of Xinjiang Bureau of CSRC addressed the activity.
Song Liping addressed in her speech that since the overall implementation of investor appropriateness management in ChiNext, appropriateness management has become an important fundamental system in the capital market, and an important measures that protect the rights and interest of investors. The significance of appropriateness management in the development of capital market reform should be fully understood. Deepening appropriateness management is a necessary precondition for accelerating the reform of the key system in capital market, and an important safeguard to enhance the weak capacity of capital market in serving the small and micro-small enterprises, and as well as a fundamental system for improving the stability of the capital market.
Song Liping stressed that as widely varied investors group, and immature the market regulation and integrity foundation, securities companies should full aware of the responsibility shouldered on them, and value works on investors’ appropriateness management. In order to accomplish that, firstly, customers classified management should be enhanced; secondly, products development should be improved to cater the different customers needs; thirdly, detailed systems should be implemented in order to continuously improve the effectiveness and relevance of the risk revealing.
Hou Lichun, party secretary and director of Xinjiang Bureau of CSRC expressed that CSRC and other organization within CSRC system have always highly valued the education and protection for investors. Education and protection for investors are systematical socialized activities, which require the wide participation of the whole society and market participants. Securities operation institutions, being professional service institutions, and bridge between investors and capital market, should fulfill their duty, and shoulder the due responsibility of protecting the investors. Every securities sales network should actively acclimatize into the background of reformatory innovative development, enhancing the investor protection work, and implementing the investor’s appropriateness system, improving the healthy stable development of the local security market.
It is reported that jointly held “member network ‘protection for investors’” training exchange activities by SZSE and bureaus of CSRC in different regions is part of SZSE’s investors education series activities. SZSE experts and famous scholars in the industries constitute the lecturing team, with directors of securities company sales network who directly facing and serving the investors being targeted trainee. SZSE hopes that via organizing the tour training activities, the joint efforts of the market can be fully played, securities companies have better understand on the importance of guiding the rational investment and implementing the investors appropriateness management, the investment knowledge and investment philosophy is promoted, construction of rational investment of capital market is boosted, and protection for investors is strengthened.