SHANGHAI (Reuters) -China's securities regulator said on Tuesday it will strengthen regulation of all financial activities and prevent and resolve risks, in a move to improve and reform financial markets amid a wobbly economic recovery. The China Securities Regulatory Commission (CSRC) said in a statement it will maintain a "zero-tolerance" stance on illegal activities in the capital market. "Preventing and defusing financial risks, especially preventing systemic financial risks, is the fundamental task of financial work," the CSRC said in a statement.
Zhu Haokang is head of digital asset management and family wealth at one of the ETF providers, ChinaAMC.
Yao Qian is reportedly being investigated for "violations of discipline and law."