Core Viewpoint - Yi Huiman has had a long career in the banking and regulatory sectors, transitioning from a senior role at the Industrial and Commercial Bank of China (ICBC) to the Chairman of the China Securities Regulatory Commission (CSRC), where he has implemented significant reforms in the capital market, including the introduction of a comprehensive registration system for A-shares [4]. Group 1: Career at ICBC - Yi Huiman joined ICBC in January 1985 and held various positions within the bank for over 30 years, including Vice President and President [2][3]. - His roles included leadership positions in multiple branches, such as Hangzhou, Zhejiang, and Jiangsu, before moving to the head office [2]. Group 2: Tenure at CSRC - Yi Huiman became the Chairman of CSRC in January 2019, with his term set to end in February 2024 [4]. - He described his transition from market participant to regulator as a significant challenge, stating he felt like a "newcomer" in the regulatory role [4]. - Under his leadership, the CSRC implemented major reforms, notably the introduction of the registration system for A-shares, which began with the Sci-Tech Innovation Board in July 2019 and was followed by the ChiNext reform in August 2020 [4]. - During his tenure, over 1900 new companies were listed on the A-share market, approaching 2000 [4]. Group 3: Market Performance - The A-share market experienced a "rise and fall" trend during Yi Huiman's leadership at CSRC, with the Shanghai Composite Index increasing by 8.76%, the Shenzhen Component Index by 14.65%, and the ChiNext Index by 34.89% from January 2019 to February 2024 [4]. - In contrast, the Sci-Tech 50 Index saw a decline of 25.66% during the same period [4].
易会满被查!任职工行30余年 曾称证监会工作如履薄冰