In a speech reported on November 14, 2026, China Securities Regulatory Commission chairman Wu Qing called for further research into whether rules on quantitative trading and share sales by shareholders should be improved, alongside what he described as fair and reasonable regulatory arrangements. He did not announce new rules.
Speaking at the opening of the first China Capital Markets Academic Annual Conference in Shanghai, Wu placed those questions within a broader research agenda on market structure. He also called for study of long-term capital, investor behavior, price discovery and the effects of short-term trading on market volatility.
Wu cited an A-share market capitalization exceeding 100 trillion yuan and a Chinese bond market, comprising exchange and interbank markets, of more than 210 trillion yuan. According to his speech, social security funds, insurers and annuity funds had made net purchases of more than 1.5 trillion yuan in A-shares since 2024. These figures were presented by Wu as part of his assessment of the market, not as independently verified estimates in the report.
He also urged research into how listing and financing arrangements could accommodate large and emerging technology companies while addressing risks. His remarks framed these and the trading-rule questions as subjects for evaluation, rather than adopted policy changes.
