Fang Xinghai: as long as we strictly abide by the laws and regulations, different types of investment strategies should be encouraged to show their talents.

Fang Xinghai: as long as we strictly abide by laws and regulations, different types of investment strategies should be encouraged to show their talents. Fang Xinghai, vice chairman of the Securities Regulatory Commission, said at the 14th Lujiazui Forum that foreign private equity fund management companies use different strategies, including macro hedging, high-frequency trading, index enhancement, subjective bulls and so on. As long as they strictly abide by the laws and regulations, as well as the trading rules of the exchange, different types of investment strategies should be encouraged to create good returns for investors. The construction of the Shanghai International Financial Center has many natural advantages in attracting institutions from the asset management industry and in managing more assets in Shanghai, and the future development prospects are also very considerable. I also very much agree that Shanghai should be built into an international asset management center.