Group 1 - The 2025 Financial Street Forum held in Beijing signals a strong commitment to deepen capital market reforms and promote high-quality development in the capital market [1] - The resilience and risk resistance of the A-share market have significantly improved due to the continuous improvement of capital market systems and the increase of long-term institutional investors [1] - Over the past five years, listed companies have distributed over 10.6 trillion yuan through dividends and buybacks, which is more than 80% higher than during the "13th Five-Year Plan" period, indicating a shift towards a more balanced investment and financing environment [1] Group 2 - Protecting the legitimate rights and interests of small and medium investors is a key focus of capital market regulation, reflecting the political and people-oriented nature of regulatory work [2] - The "14th Five-Year Plan" period will see further reforms in the multi-level capital market, enhancing internal stability, expanding high-level institutional openness, and improving investor rights protection [2] - The capital market will play a more significant role in supporting the modernization of the industrial system and accelerating the establishment of a high-level socialist market economy [2]
财信证券：多层次资本市场改革持续推进 夯实市场内在稳定性基础
Jing Ji Wang·2025-10-28 08:53