Wu Qing has emphasized the importance of strengthening risk prevention in critical financial sectors. He highlighted the need for vigilance in areas such as margin trading, over-the-counter derivatives, and private equity management. Wu also pointed out the necessity of closely monitoring institutions like subsidiaries of remote headquarters, focusing on credit, liquidity, and compliance risks.
Regarding emerging sectors like crypto assets, Wu urged for thorough analysis and cautious handling. He stated that businesses should not operate in areas that are unclear or unmanageable, and any illegal or non-compliant activities must be strictly avoided.
Wu Qing Stresses Risk Prevention in Key Financial Sectors
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