证监会将推出更多有力度的开放举措!李明最新发声
Shang Hai Zheng Quan Bao·2025-11-04 03:04

Core Viewpoint - The China Securities Regulatory Commission (CSRC) emphasizes the importance of risk prevention, strong regulation, and promoting high-quality development in the capital market, aiming for deeper institutional opening and more impactful measures to enhance cross-border investment and financing convenience [1][2]. Group 1: Cross-Border Investment and Financing - The CSRC has launched an optimized scheme for the Qualified Foreign Institutional Investor (QFII) system, enhancing the investment environment for foreign investors through improved access management, operational efficiency, and expanded investment scope [1]. - The CSRC aims to strengthen communication with international investors and ensure the stability, transparency, and predictability of policies [1]. Group 2: Cooperation with Hong Kong - The CSRC plans to deepen practical cooperation between the mainland and Hong Kong capital markets, including improving the efficiency of overseas listing filings and expanding the scope of stocks eligible for trading under the Shanghai-Hong Kong and Shenzhen-Hong Kong Stock Connect programs [1]. - Support for the introduction of RMB stock trading counters and REITs into the Hong Kong Stock Connect is also highlighted, along with backing for Hong Kong's development as an international financial center [1]. Group 3: Regulatory and Risk Management Enhancements - The CSRC is focused on enhancing regulatory capabilities and risk prevention in an open environment, promoting cross-border regulatory cooperation, and improving risk monitoring and information sharing [2]. - The goal is to prevent cross-border risk transmission and to contribute to global capital market governance reform [2]. Group 4: Achievements in the Past Five Years - The CSRC has fully opened industry access by removing foreign ownership limits for securities, fund, and futures institutions, resulting in a significant increase in foreign-controlled firms [3]. - The interconnectivity of markets has deepened, with 269 companies successfully listing overseas and foreign investors holding A-shares worth 3.4 trillion yuan, becoming a vital market force [3]. - Product openness has progressed steadily, with the introduction of various cross-border investment products and the expansion of futures and options available to foreign investors [3]. Group 5: Invitations to International Institutions - The CSRC encourages international institutions to invest in China, highlighting the improved quality and stability of the capital market, as evidenced by the increase in revenue and net profit of A-share listed companies [5]. - The CSRC calls for international institutions to contribute to reform and development by providing precise financing services for new industries and technologies [5]. - A focus on maintaining market stability is emphasized, urging international institutions to adhere to legal regulations and strengthen internal risk management [6].