Wu Qing, chairman of the China Securities Regulatory Commission, said on the 6th that once the capital market seriously deviates from fundamentals and an extreme situation occurs, "it will be necessary to take decisive action to correct market failures" Wu Qing mentioned that both long-term and short-term money are needed in the market, but what is more lacking is long- term money. We also need to adhere to the concepts of value investment, rational investment, and long- Term investment, he said.