日韩精品久久一区二区三区_亚洲色图p_亚洲综合在线最大成人_国产中出在线观看_日韩免费_亚洲综合在线一区

Global EditionASIA 中文雙語Fran?ais
Opinion
Home / Opinion / From the Press

Financial institutions should protect investors

China Daily | Updated: 2020-05-07 10:27
Share
Share - WeChat

A clerk counts cash at a bank branch in Haian, Jiangsu province.[Photo by Xu Jinbai / For China Daily]

At a conference on Monday, the financial stability and development committee under the State Council, China's Cabinet, pointed out that the country should seriously look into the risks of some financial products caused by price fluctuations in the international commodity market, raise risk awareness and strengthen risk control in a bid to protect the legitimate interests of investors.

With the novel coronavirus outbreak continuing to impact the economy, the top financial regulator's statement is possibly aimed at the huge losses suffered by those who invested in Bank of China's crude oil trading products.

The US crude oil futures collapsed on April 20, with the US benchmark West Texas Intermediate for May delivery settling at-$37.63(-266.77 yuan) a barrel. Affected investors in the BOC crude oil trading products not only lost their original capital, but also owed the bank 1 to 2 times that amount of money. The overall losses suffered by more than 60,000 investors were no less than 9 billion yuan.

This financial incident rings an alarm bell for us. With the acceleration of the internationalization process of China's financial market in recent years, the enthusiasm of financial institutions such as banks and insurance companies to participate in the international market has been rising, and the financial products available to investors have also become increasingly diversified. However, compared with the international financial market, which has developed over hundreds of years and has in place a fairly mature mechanism, both domestic financial institutions and local investors are much less experienced. Those investing into the BOC's crude oil trading products possibly thought the biggest risk was losing their investment; few imagined they would end up owing the bank money.

According to a survey, more than 90 percent of the BOC crude oil investors are novices, many of them buying such products only in March. Therefore, in the process of financial globalization, improving the professional capacity of financial institutions, strengthening their risk prevention and control mechanism and paying more attention to investor protection have become particularly important.

Global financial integration is an inevitable choice of world economic and financial development. However, it should be noted that financial globalization has brought both potential benefits and risks that cannot be ignored for the development of Chinese financial institutions. While participating in the global market and enjoying global capital allocation, Chinese financial institutions should try to protect their own interests and strengthen the protection of investors as much as possible.

Most Viewed in 24 Hours
Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: 日本成人在线网站 | 精品成人A片久久久久久船舶 | 久久三区 | 99久久精品免费看国产一区二区 | 麻豆av电影在线观看 | 青草娱乐极品免费视频 | 欧美影院入口 | 九九热久久免费视频 | 国产精品第三页在线看 | 国产欧美一区二区精品久久久 | 咪咪色在线视频 | 日韩免费看| 欧美在线一级片 | av免费在线观看网站 | 国产欧美一区二区三区在线看 | 欧美爽爽爽爽爽爽视频 | 欧美一级特黄aaaaaa在线看首页 | av电影免费播放 | 欧美1区| 欧美淫片 | 色综合亚洲精品激情狠狠 | 日韩国产午夜一区二区三区 | 一级片在线观看 | 羞羞网页| 国产在线视频一区二区 | 久久精品国产一区 | 午夜电影通 | 欧美久草在线 | 成 性毛茸茸xx免费视频 | 国产一级大片在线观看 | 久久亚洲精品国产精品婷婷 | 色爱影院 | 高清乱码一卡二卡插曲A | 全色网站 | 播播网色播播 | 黄色片免费在线播放 | 日韩在线视频观看 | 日韩亚洲欧美一区 | 草久久久| 91免费看视频 | 国产亚洲精品久久久久久老妇小说 |