Summary
[Li Chao: Professional ability is the foundation of a securities business institution’s life and safety]Li Chao, vice chairman of the China Securities Regulatory Commission, said that only by insisting on improving professional ability and giving full play to professionalism can it be possible to seize opportunities, overcome difficulties, and shoulder the responsibility of serving the real economy. Important task. The reform of the registration system for securities issuance is a major change in the basic system of the capital market. Securities companies must first focus on their main business, improve the ability system construction compatible with the reform of the registration system, and accelerate the transformation from channelization and passive management to professional and active management. The core of sponsorship, pricing, underwriting, etc., enhances the full-chain business capabilities and practice quality of investment banks. (Securities Times Network)
Li Chao, vice chairman of the China Securities Regulatory Commission, delivered a speech at the 30th Anniversary Symposium of the China Securities Industry Association. Li Chao said that “ironing requires one’s own hard work” and professional competence is the foundation of a securities business institution. Only by insisting on improving professional ability and giving full play to professionalism can it be possible to seize opportunities, overcome difficulties, and shoulder the important task of serving the real economy.The reform of the registration system for securities issuance is a major change in the basic system of the capital market. Securities companies must first focus on their main business, improve the ability system construction compatible with the reform of the registration system, and accelerate the transformation from channelization and passive management to professional and active management. Sponsorship, pricing, underwriting and other core investment enhancementsBankFull chain business capability and practice quality.
(Source: Securities Times Net)
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