Wu Qing: Support and protect investors who engage in cross-border investments through legal channels.

On June 17th, the Chairman of the China Securities Regulatory Commission, Wu Qing, stated at the 2026 Lujiazui Forum that both internationally and domestically, there is a lot of attention on the regulation of cross-border business activities. Wu Qing mentioned that the CSRC, along with relevant authorities, has recently taken resolute action against the illegal cross-border business activities of certain institutions, and will further promote the improvement of cross-border regulatory coordination mechanisms, strengthen daily information sharing and market communication. By opening the front door and closing the side door, they will support legal and compliant cross-border investment and financing activities, while also cracking down on various illegal cross-border activities according to law. "It is unacceptable for unlicensed entities to conduct cross-border securities trading services in the country, and this behavior is specifically targeting the illegal operations of such unlicensed entities, not regulating investors' cross-border investments," Wu Qing said. Wu Qing pointed out that they will continue to support and effectively protect investors who engage in cross-border investments through legal channels. It is a basic requirement of financial regulation that unlicensed entities cannot operate in the country, regardless of whether they are licensed overseas or established domestically, in order to effectively protect investors and financial product consumers. "Thus, what we need to crackdown on are various types of illegal cross-border business activities, in order to maintain the normal market order and effectively protect the legitimate rights and interests of investors," Wu Qing further emphasized.