Wu Xiaoqiu: Don't be too afraid or too worried about market fluctuations.

2026-04-01 02:33:52

Ask AI · How can Wu Xiaoqiu stabilize the capital market by raising the cost of illegal conduct?

China News Service, March 27 (Xue Yufei) At the Boao Forum for Asia 2026 Annual Conference, Wu Xiaoqiu, Dean of the National Finance Research Institute at Renmin University of China, said that people should not be overly afraid or overly worried about market volatility; the market trend has not changed. He said that the recent series of reforms are also intended to keep the market on an upward trend. He noted that the criminal costs of violations and illegal conduct in the capital market should be raised significantly—shifting from the past administrative penalties to a legal framework primarily centered on criminal penalties and civil compensation.

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