吴清发声!谈了这些!
IPO日报·2025-09-30 13:18

Group 1 - The core viewpoint of the article emphasizes the importance of high-quality planning for the "15th Five-Year" capital market, following the guidance of Xi Jinping and the recent Central Political Bureau meeting [1][2] - During the discussions, participants acknowledged that the "14th Five-Year" period saw significant improvements in China's capital market, particularly after the implementation of the new "National Nine Articles" and the "1+N" policy framework, which restructured the foundational systems and regulatory logic of the capital market [1][2] - Suggestions for the "15th Five-Year" capital market planning included deepening reforms in areas such as issuance, refinancing, and mergers and acquisitions, enhancing policy execution mechanisms, and increasing the attractiveness and inclusiveness of the capital market [2] Group 2 - There is a call for greater support for listed companies to enhance their quality and investment value, including encouraging higher dividend payouts and share buybacks, and enhancing the role of institutional investors in corporate governance [2] - The article highlights the need for high-quality development of industry institutions, such as securities and fund companies, and improving the capabilities and international competitiveness of intermediary institutions like accounting and law firms [2] - Emphasis is placed on enriching the product service system of the A-share market, including indices, ETFs, and derivatives, to better serve the preservation and appreciation of residents' wealth [2] Group 3 - Wu Qing, the chairman of the China Securities Regulatory Commission, expressed the hope that listed companies, industry institutions, and intermediaries would focus on their core businesses, enhance their functions, and improve governance to achieve high-quality development in the capital market [3]