The Shanghai Stock Exchange (SSE) and the Shanghai Securities Regulatory Bureau (SSRB) jointly held a training class particularly for guiding rational investment yesterday. In attendance were heads of nearly 500 business departments from Shanghai-based securities companies.
As required by the SSRB, every securities company should fully understand the importance of the guidance for rational investment and the investor suitability management, and ceaselessly improve its work systems and business processes. To be specific, efforts should be made to transform the two aspects to internal mechanisms in the work of every securities company's business departments, effectively integrate the mechanisms in businesses and expand the mechanisms in client development and innovative business development.
The training class offers the analysis of market regulation cases, the introduction to the SSE ETF market, the introduction to the SSE bond market, the investor suitability management and investor education as well as other courses. The rational-investment-oriented courses, characterized by popularization, practicability and timeliness as well as rich contents and thorough explanation, focus on the actual situation in the market and the current hot issues. For instance, the course of the introduction to the SSE ETF market elaborates on the basic knowledge of ETF, the overview of the international ETF market, the status quo of the domestic ETF market, the ETF trading rules, the application of investment strategies and other contents. In addition, this course gives a detailed account of SHSE-SZSE300 ETF, the first cross-market ETF on the SSE, with a view to supporting the market innovation and guiding the rational investment. After the training, the trainees understand that the launch of SHSE-SZSE300 ETF and other core index ETF products, an important move to promote the construction of the domestic blue chip market, is of great significance to advocating the concepts of rational investment, value investing and long-term investment.
According to sources, the SSE will cooperate with relevant securities regulatory authorities to successively organize more training classes for guiding rational investment in a bid to push forward the construction of rational investment culture. In doing so, the SSE hopes that securities companies will fully realize the importance of rational investment and investor suitability management. Especially, their business departments directly serving investors will give full play to a leading role in publicizing and guiding rational investment, with an aim of doing a good job in investor education, service and protection.
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Shanghai Stock Exchange, Shanghai Securities Regulatory Bureau Co-host Training Class for Guiding Rational Investment
Date 18/04/2012