Yi Huiman: Hope that fund institutions insist on the supremacy of customer interests and respect investors

　　China News Service, Beijing, August 30 (Reporter Xia Bin) Yi Hui, Chairman of the China Securities Regulatory Commission, delivered a speech when attending the third member representative meeting of the Fund Industry Association in Beijing on the 30th, saying that, in general, the public fund industry insists on holding People’s interests are prioritized, products and services are continuously innovated, and positive results have been achieved in terms of rewarding and serving investors, but there is still much room for improvement.

For example, the problems of fund making money and the basic people not making money happen from time to time.

　　Regarding the reasons for the above-mentioned problems, Yi Huiman said that there are certainly investors’ own factors, but there are also problems with the industry’s own development and management concepts, reflecting a strong scale complex, focusing on marketing rather than continuous service; some agents Sales agencies and practitioners deviate from the interests of customers and induce "redeem the old and buy the new."

These problems must be resolved from the perspective of safeguarding the legitimate rights and interests of investors.

　　"I hope that the majority of fund institutions will consciously insist on the supremacy of customer interests, respect investors, and achieve the growth of the company while creating maximum value for customers." Yi Huiman said.

　　Talking about the high-quality development of the fund industry, Yi Huiman put forward a number of principles, including more prominent handling of the relationship between scale, structure, and development quality; more emphasis on the overall balance of regulation, promotion of innovation, and risk prevention; more emphasis on the industry itself Development and customer value growth are improved and progressed together; more emphasis on returning to the origin of the industry, adhere to the positioning of "true private equity"; more emphasis on planting industry culture, and promoting a sound development ecology.

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