CSRC Chief: 2018 Not Like 2015, London-Shanghai Connect Coming

Fang Xinghai isn't worried about the stock market.

iFeng: 方星海:目前中国股市状况不同于2015年 我们非常放心
September 18th to 20th, the 12th Summer Davos Forum was held in Tianjin. The conference was based on the theme of “Building an Innovative Society in the Fourth Industrial Revolution”, and Fenghuang Net Finance reported the whole process.

Fang Xinghai, vice chairman of the China Securities Regulatory Commission, said at the Tianjin Davos Forum that “the current Chinese stock market situation is different from 2015, we are very comfortable”.

Fang Xinghai said that the situation was serious in 2015, and if it did not interfere, it could lead to systemic risks.

Fang Xinghai also said that there is currently no risk of forced liquidation of retail investors, and there are very few leveraged transactions.

Fang Xinghai said at the forum that the US economy is not as flexible as some people think. As trade tensions continue, it is not surprising that the US stock market begins to fall.

Fang Xinghai told the media during the meeting that Huluntong was "coming for the end of the year"

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