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May 18, 2007


Further Improve Investor Education and Strengthen Market Supervision

Here’s the notice released by the China Securities Regulatory Commission last Friday, May 11. There’s no English translation available, but maybe I’ll update this post later with my version if I have time. A key excerpt:

值得注意的是，随着市场不断活跃，大量缺乏风险意识和风险承担能力的新投资者入市，市场违规行为也有所抬头。针对当前市场情况，立足我国资本市场健康发展的全局，必须继续深入做好投资者教育，进一步强化新形势下的市场监管工作，切实防范市场风险。

“It’s worth noting that with the market’s uninterrupted rise, large numbers of new investors who lack an awareness and understanding of risk are entering the market, and abuses have begun to emerge. In view of current conditions, in order to ensure the healthy development of the nation’s capital market, we must continue to improve investor education and further strengthen our market supervision given the new market conditions to effectively guard against market risk.”

Translation is incredibly hard work and I’m not very good at it, so if any readers have suggestions for improving that excerpt, please leave a comment.

This entry was posted on Friday, May 18th, 2007 at 5:52 am (utc+8) and is filed under China_Investing.

4 Responses to “Further Improve Investor Education and Strengthen Market Supervision”

  1. Babak said:
    May 19th, 2007 at 4:47 am

    Chairman,
    can you harness the power of the Bloomberg to find the simple 200 day MA of the Shenzhen index?
    :-)

  2. C. Maoxian said:
    May 19th, 2007 at 7:30 am

    Babak: You can harness the power of free Yahoo! to look at that.

  3. Babak said:
    May 19th, 2007 at 8:14 am

    lol

    thanks but yahoo doesn’t give the value of the 200 day MA it simply plots it on the graph.

  4. C. Maoxian said:
    May 19th, 2007 at 3:28 pm

    Babak: You didn’t “ax” for the value; just eyeball it.

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