Wu Qing: Buffett is about to retire, but the basic concepts of value investment, rational investment, and striving to give back to investors will not retire.

On May 7, at a press conference held by the State Council Information Office, Chairman of the China Securities Regulatory Commission, Wu Qing, stated that Warren Buffett is set to retire this year, but the basic principles of long-term value investing, rational investing, and striving to return value to investors will never retire. After Buffett's retirement, a new era will call for new great investors. Our market has a number of excellent companies and entrepreneurs, and we believe that there will also be a number of outstanding investors and investment institutions emerging. Perhaps not one or two "stock gods," but certainly there will be some century-old establishments and investment institutions, and excellent investment teams will emerge in our market.