The China Securities Association has launched the evaluation work on the "Self-regulation Management and Service Standards for Regional Equity Markets", with clear signals for institutional optimization.

On March 27th, the reporter exclusively learned from industry insiders that the China Securities Industry Association recently issued a notice to all securities companies, officially launching the evaluation of the "Self-Discipline Management and Service Norms for Regional Equity Markets". In the view of many industry insiders, this is not only a review of the actual operational effectiveness of the "Norms" at the self-regulatory level, but also paving the way for further optimization and improvement of the institutional rules of regional equity markets in the next phase. The reporter learned from industry insiders that this evaluation work is both practical and forward-looking, focusing mainly on three core aspects: first, "review", examining the implementation of the relevant requirements of the "Norms" by various brokerage firms; second, "soliciting feedback", collecting suggestions for revisions to specific provisions of the "Norms" from various market participants, especially major participating institutions. The evaluation results will provide direct and fresh practical basis for the future revision and supplementation of the "Norms". Third, "targeted consultation", inviting brokerage firms to combine the in-depth implementation of the spirit of the 3rd and 4th Plenary Sessions of the 20th CPC Central Committee, to provide wisdom and solutions on how the China Securities Industry Association can further promote the alignment of regional equity market rules, standardization, and better promote strategic topics such as the development of small and medium-sized enterprises with "specialized expertise and new innovation", and the cultivation of unicorn enterprises.