Wang Zhaoxing Talks About Promoting Steady Development Of Private Banks

Wang Zhaoxing, vice chairman of the China Banking Regulatory Commission (CBRC), attended the briefing held by the State Council on 2014 about the financial reform and the progress of supporting the real economy in 23 days. The CBRC has approved 5 banks to formally prepare in 2014, of which 1 banks have been opened.

The next step will be to approve the opening of the banks according to the preparation of these banks.

At the same time, on the basis of summing up the experience of pilot projects, we will constantly establish and standardize the regulation rules of relevant private banks.

According to the needs of economic development and the needs of optimizing the financial structure, we should actively and steadily promote the development of private banks, while exploring the establishment of more effective Prudential mechanisms for private banks' risk supervision and corporate governance.

Points out that Internet finance promotes tradition.

Accelerating innovation and better meeting the needs of ordinary people has played a positive role.

However, from the perspective of regulatory authorities, on the one hand, we must promote the healthy development of Internet finance; on the other hand, we must also pay close attention to some financial risks brought about by Internet finance, and strengthen standards in terms of capital, liquidity and information disclosure.

At present, the people's Bank of China and the Banking Regulatory Commission are making relevant regulations to standardize them.

For places

The problem, Wang Zhaoxing said, is that there are other financing channels for local government financing besides bank credit.

Therefore, on the one hand, we should strengthen the bank's credit risk control for local financing platforms, and also increase the management and supervision of other non credit channels.

Wang Zhaoxing pointed out that the regulatory authorities are committed to preventing systemic and regional financial risks. The CBRC has conducted stress tests from top to bottom and monomer to the system in real estate and local debt fields, so as to further strengthen risk supervision, guard against possible risks and strengthen the effectiveness of systematic and regional risk prevention.

"In addition, we are highly concerned about the regulation of some key areas that may lead to systemic and regional risks, including effective supervision and regulation of systemically important financial institutions and standards for raising capital and liquidity, and strengthening effective financing for the whole society, including shadow banking and local debt."

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On the last trading day of Japan's 23 week in January, the Shanghai and Shenzhen two cities quickly shot up after opening, but after the stock index broke through 3400 points, they sold vigorously, leading to a sharp fall.

The stock index rose only slightly, while the Shenzhen Component Index ended in a fall.

Referring to chow's trading system, Shanghai's K-day line continues to be red, showing that many forces continue to dominate.

In the case of stock index approaching 5 years high 3478 points, investors should choose light warehouse operation at present.

From the disk, the two industry sectors are mixed, of which banks, brokerages and other financial sectors are among the top gainers, while computers and other concepts are among the top ones.

In terms of stocks, there are about 40 stocks in two cities. Such market characteristics show that the money making effect of the market continues. It also shows that the capital's main force is determined to strike 5 points 3478 points higher.

Despite the recovery of the current market strength, there has been a pressure on the track of virtual channels. Two, even if the channel is broken through, the next 3478 points are expected to be under great pressure. In such a case, investors should focus on light storage operations.

Although the stock index is still in a good trend in the direction of big trend, but since the stock index has risen several times since its rise, it has hit the 30 day moving average this week, which is the largest number of previous fall.

In terms of technical form, this shows that the willingness to make profits is more intense.

Although "bull market is not the top", but in the Shanghai stock index K line continuous collection of the background, investors should still carry out the appropriate reduction operation.

For next week's operation, if the Shanghai index does not break the lows of this Monday, it can continue to hold the stock to see if the follow-up can effectively break through the 3478 point pressure.

If the stock index falls below the low point this Monday, investors should further reduce their positions or even wait for a clear look.