吴清：证券公司要自觉维护市场秩序 践行价值投资理念

Core Viewpoint - The Chairman of the China Securities Regulatory Commission, Wu Qing, emphasized the need for the securities industry to shift from a focus on scale and profit expansion to prioritizing functionality and high-quality development [1][2]. Group 1: Industry Development - The securities industry is transitioning from merely pursuing scale and profit to a focus on functional superiority, which should be further consolidated [1][2]. - High-quality development in the securities industry requires a fundamental focus on serving the real economy, optimizing business structures, and innovating product tools [1][2]. Group 2: Resource Allocation - There is a need to enhance resource allocation in terms of capital, talent, and technology, particularly to support the development of new productive forces [1][2]. - The industry should conduct in-depth analysis of the integration trends between technological innovation and industrial innovation to improve product precision [1][2]. Group 3: Social Responsibility - The industry must consciously protect investors' legal rights and promote market stability, keeping in mind that individual investors constitute the majority of the market [1][2]. - There is an emphasis on maintaining market order and adhering to the principles of fairness, transparency, and integrity, while also advocating for value investment [1][2]. Group 4: Strategic Focus - The industry is encouraged to strengthen cross-cycle and counter-cyclical strategies, leveraging the expertise of chief economists and industry analysts [1][2]. - It is important to effectively communicate the narrative of the Chinese stock market and foster a positive public opinion environment [1][2].