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 for high-quality development [1] Group 1: Industry Development - The securities industry is transitioning from merely pursuing scale and profit to a focus on functionality [1] - There is a need to consolidate the trend of prioritizing functionality and to abandon the simple competition for scale, growth, and rankings [1] Group 2: Service to the Real Economy - The industry must grasp the fundamental role of serving the real economy [1] - Optimizing business structure and innovating product tools are essential for aligning with the needs of the real economy [1] Group 3: Resource Allocation - Increased allocation of resources such as capital, talent, and technology is necessary [1] - The focus should be on supporting the development of new productive forces and understanding the integration trends of technological and industrial innovation [1] Group 4: Investor Protection and Market Stability - The industry must consciously take on the responsibility of protecting investors' legal rights and promoting market stability [1] - It is important to maintain market order and adhere to the principles of fairness, transparency, and value investment [1] Group 5: Communication and Narrative - The industry should leverage the expertise of chief economists and research institutions to effectively communicate the narrative of the Chinese stock market [1] - Creating a positive public opinion environment is crucial for the development of the securities industry [1]