Wu Qing

From MarketsWiki
Revision as of 20:05, 7 February 2024 by SarahRudolph (talk | contribs)
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to navigation Jump to search



Wu Qing
12-Wu-Qing.jpg
Occupation Chairman
Employer China Securities Regulatory Commission

Wu Qing is a veteran Chinese banking and regulatory executive who was appointed chairman and party chief of the China Securities Regulatory Commission in February 2024, replacing Yi Huiman.

He was previously chairman of the Shanghai Stock Exchange. He was appointed to that position in May of 2016, replacing Gui Minjie. He joined the exchange in the aftermath of the 2015 Chinese stock market crash and a series of failed efforts at market reforms in China. [1]

In July 2023, he was appointed deputy Party secretary of Shanghai.

Prior to his experiences in Shanghai, Wu worked at different CSRC departments, including those overseeing financial institutions, securities companies' risk management and funds. During his previous term of office at the CSRC in the mid-2000s, he was known for cracking down on violations by securities companies and insider trading by mutual fund companies.[2] This crackdown earned him the nickname “the broker butcher”.[3]

He was appointed chairman of the board of the World Federation of Exchanges in September of 2017.[4]

He is a member of the CPC Shanghai Municipal Committee and a representative of the 14th Shanghai Municipal People's Congress. He has worked closely with Chinese Premier Li Qiang, who was previously party secretary of the nation’s financial capital.[5]

Background[edit]

From 1992-2010, Wu held various positions at the China Securities Regulatory Commission, most recently as director general of the Intermediary Supervision Department. In that role in 2009 he directed a nationwide clean-up effort by the CSRC to investigate suspicious trades by mutual funds.

From 2010-2011 he was deputy chief of the Hongkou District Government in Shanghai, deputy governor and acting governor of the Hongkou District. He was governor of the Hongkou district from 2011-2013 and then chief executive of the Hongkou District Government from 2013-2016.

Education[edit]

He has a Bachelor’s degree in economics from Shanghai University of Finance and Economics, a Master’s degree in economics and doctorate from Renmin University of China, and an MBA degree from the University of Cambridge.[6]

References[edit]

John Lothian News logo1.png

@JohnLothian Twitter Feed

@JohnLothian: Reddit’s Meme Stock Forum Users Threaten to Bet Against Its IPO via @YahooFinance
Reddit’s Meme Stock Forum Users Threaten to Bet Against Its IPO https://t.co/xRZ2dh4tjb via @YahooFinance— John Lothian (@JohnLothian) March 4, 2024

View Page

@JohnLothian: Gold Flirts With New Record High on US Interest Rate Outlook via @Yahoo
Gold Flirts With New Record High on US Interest Rate Outlook https://t.co/KAgci5Spkr via @Yahoo— John Lothian (@JohnLothian) March 4, 2024

View Page

@JohnLothian: Bitcoin is running out of enemies via @Yahoo
Bitcoin is running out of enemies https://t.co/jJtGaAXXKN via @Yahoo— John Lothian (@JohnLothian) March 4, 2024

View Page

@JohnLothian: BlackRock to Buy TC Energy Natural Gas Pipeline System in $1.14 Billion Deal via @Yahoo
BlackRock to Buy TC Energy Natural Gas Pipeline System in $1.14 Billion Deal https://t.co/cjbaeYbKYA via @Yahoo— John Lothian (@JohnLothian) March 4, 2024

View Page

@JohnLothian: Memecoin Frenzy Reaches a Crescendo on Back of Bitcoin Rally via @Yahoo
Memecoin Frenzy Reaches a Crescendo on Back of Bitcoin Rally https://t.co/3of4mk1dlp via @Yahoo— John Lothian (@JohnLothian) March 4, 2024

View Page

@JohnLothian: Morgan Stanley Offers Pre-IPO Share Trading to Wealth Clients via @Yahoo
Morgan Stanley Offers Pre-IPO Share Trading to Wealth Clients https://t.co/JHk0H741UE via @Yahoo— John Lothian (@JohnLothian) March 4, 2024

View Page

We visit more than 100 websites daily for financial news (Would YOU do that?). Read the John Lothian Newsletter.