Regulators must raise guard against hot money inflows

币游国际官方app

2021-06-10

AworkercountsChinesecurrencyrenminbiatabankinLinyi,EastChinasShandongprovince.[Photo/Xinhua]Chinascommodityandstockmarketsregulatorshavebeenpayinggrea,vice-chairmanoftheChinaBankingandInsuranceRegulatoryCommission,saidthemonitoringsystemforcross-bordercapitalflowsshouldbeimprovedtopreventlarge-,chairmanoftheChinaSecuritiesRegulatoryCommission,hadearliersaidthatChinawelcomesthenormalcross-borderflowofcapital,butwarnsfinancialmarketbecausetheyremainoptimisticaboutitsstabilityandofChineseenterprises,Chinahasbeenthefirstmajoreconomytoregi,therearealsospeculativeforeigninvestorsandinstitutionswhochasesomegoodstocksinChinasA-sharemarket,which,togetherwiththerecentexpectationoftheyuansappreciation,makesChina,suancesothatmoredomesticenterprisesissuesecuritiesinaccordancewithmarket-basedprinciples,,improvetheshort-sellingmechanism,promotethereturnofstockvalues,enrichthe"toolbox"forinvestorstoavoidrisks,andgiveplaytothemarketeregulatoryframeworkforsystemicallyimportantfinancialinstitutions,exploremacro-prudentialmanagementofcross-bordercapitalflows,anddealwithmacro,counter-cyclicalandcross-marketrisksinatimelymannertopreventvariousfinancialrisks.。