Chapter 678: Seeing the Shadow
The atmosphere in the venue became very solemn, but Duan Yu laughed, staring at the foreign reporter with burning eyes and said: " First of all, I do not deny that China's stock market is still very immature compared to the stock market of your Western countries, which is nothing to avoid, after all, the development of China's stock market has only been more than 20 years, far shorter than that of Western countries, precisely because it is immature, so we must strictly supervise, just like an adult, parents who manage too much may affect his development, but for a minor, if parents do not ask, it is not responsible......".
"In fact, what we are doing now is to make unremitting efforts for our country's stock market to be more mature and standardized, so it is completely understandable for us to take some unconventional institutional measures in a special period, and it is not a rough ** as you understand Even the stock markets of Western countries will take corresponding measures to intervene when the stock market encounters huge risks, and our institutional measures will be gradually lifted or gradually withdrawn from the ...... after the market has completely entered a state of self-repair and self-development."
"As for the MSCI you just mentioned many times to refuse to include the Chinese stock market into the MSCI issue, I want to say that China, as the world's second largest economy, is not ignored by any country and institution, of course, the MSCI index as an internationally recognized authoritative index, we are very much looking forward to the inclusion of the Chinese stock market into the MSCI emerging markets index, which will also have a very positive impact on the development of China's stock market, for this we have also made a lot of efforts and changes, I believe that MSCI has also seen the efforts we have made and expressed sincerity, I believe that in the near future the China stock market will be included in the MSCI emerging markets indexIf not, it will be a loss for the whole world ......".
"Good!" The venue once again burst into thunderous applause, this time the applause was more enthusiastic than any previous applause, everyone was impressed by Duan Yu's polite, powerful and measured answer, and applauded heartily, even Dong Wenhai and Li Songle had to look at each other in surprise, and had to applaud against their will, they asked themselves this question and answered it instead, and it was impossible to answer better and more decently than Duan Yu, where is this like the performance of a person who has never had experience in the financial industry, which also made them completely put away their contempt for Duan Yu。
The news media surprisingly unanimously spoke highly of Duan Yu's first public appearance as chairman of the China Securities Regulatory Commission, and some radical media even said that Duan Yu would become the "savior" of the stock market and would lead the Chinese stock market out of a new round of bull market! Of course, some conservative media still reserved their views, believing that Duan Yu's speech still contained a lot of water, and whether it could be realized still needed a big question mark.
But in any case, Duan Yu's media meeting was very successful, and the effect was immediate, greatly boosting the confidence of investors, and giving a shot in the arm for the stock market that has been plummeting, and the stock market rose in retaliation the next day, soaring by nearly 100 points, of course, the stock market cannot change the trend because of Duan Yu's speech, and investors' confidence cannot be fully restored because of Duan Yu's speech, the stock market still maintains a low-level shock pattern after recovering the key point of 2600 points, but at least there is no panic fall of hundreds of points in one day。
As soon as Duan Yu returned to the office, Xu Xiaofeng, who had been following him with excitement, could no longer control his mood, and shook his arm excitedly: "Chairman Duan, you are really amazing, amazing, you don't know, I have been sweating for you in the audience, you see that my clothes are all sweaty, now those who want to see your jokes will be disappointed! Haha......."
Xu Xiaofeng's words were not entirely flattery to Duan Yu, he was really impressed by this young new boss, and he was even more determined to follow Duan Yu closely.
Duan Yu was obviously not as excited as Xu Xiaofeng, glanced at Xu Xiaofeng with a smile, waved his hand and said: " Xiaofeng, this is the first step of the long march, the situation we are facing is still very grim, I have never had experience in the financial industry before, this is my shortcoming, so if I want to enter the role as soon as possible, I must sink down, really find the problems we have now, I just mentioned at the media meeting that my next main work is to strengthen supervision, but how to strictly supervise, how to find loopholes, from which to start, I don't have a clear idea, so I plan to spend a month to investigate, but I want to know a lot, time must be very tight, so we must find the right entry point, you have worked in the CSRC longer than meWhere do you think I should start? Tell us what you think......".
Xu Xiaofeng also put away his smile, feeling a little blushing slightly for his excited and somewhat forgetful action just now, he was about the same age as Duan Yu, but compared to Duan Yu's calmness, his gap was not a little bit, no wonder Duan Yu could become the chairman of the CSRC at such a young age.
At the same time, Xu Xiaofeng also knew that this was also a test for Duan Yu, as Duan Yu's secretary, if he couldn't put forward his own pertinent opinions for Duan Yu, then his status in Duan Yu's heart would be greatly reduced, so he thought about it very seriously, and then said to Duan Yu: " Chairman Duan, I suggest you go to the local securities regulatory bureau to see, our CSRC has a wide range of functions, but the country is so big, there are so many listed companies, it is very difficult for us to achieve complete supervision, so in fact, many of the functions of our CSRC are realized through the local securities regulatory bureaus, but during my time working in the CSRC, I feel that the role of the local securities regulatory bureaus has not been fully played, and they have not been able to perform their functions well, so I suggest you go to the local securities regulatory bureau to see ......."
"Local securities regulatory bureaus?!" Duan Yu's eyes lit up, local securities regulatory bureaus belong to the dispatched agencies of the China Securities Regulatory Commission, and there are local securities regulatory bureaus in all provinces across the country, but if they are not insiders, they may not understand the role of local securities regulatory bureaus at all, and even many ordinary shareholders do not know that there is such an institution as a local securities regulatory bureau.
"Okay, let's start the investigation with the local securities regulatory bureau, there are more listed companies in Shenzhen, let's go to the Shenzhen Securities Regulatory Bureau first!" Duan Yu waved his hand vigorously.
"Then I'll go and inform Director Zhong, and if you see what other personnel are needed to accompany you for research, I'll notify you too!" Seeing that his opinion was adopted by Duan Yu, Xu Xiaofeng was also very happy, and hurriedly said.