The securities industry should provide investors with a wider range of products more conducive to long-term investments, said Wu Qing, chairman of the China Securities Regulatory Commission (CSRC) at the 8th Member Congress of the China Securities Association on Saturday. Noting that stocks and funds account for only about 15 percent of Chinese residents' assets, the chairman emphasized that the country can harness the huge potential demand for asset management and wealth management. As investor confidence and market resilience have significantly strengthened, the total market capitalization of A-shares -- stocks traded on Chinese mainland markets -- exceeded 100 trillion yuan (about 14 trillion U.S. dollars) for the first time in August. Amid the growth, Wu stressed that stability remains the bottom line for the industry, calling on institutions to strengthen compliance and risk control while focusing on risks in areas such as margin trading, securities lending, and over-the-counter business to prevent illegal interference by shareholders and safeguard the rights and interests of small and medium-sized investors. According to CSRC policy guidelines, the commission will appropriately optimize supervision of high-quality institutions to support their improvement in capital efficiency, while for a few problematic securities firms, it will strictly supervise and punish them according to law, resolutely clear out non-compliant shareholders, and maintain market order and stability. Shotlist: Beijing, China - Dec 6, 2025: FILE: Beijing, China - Date Unknown 1. Various of building, sign of China Securities Regulatory Commission; FILE: Shanghai, China - Date Unknown 2. Various of building, signs of Shanghai Stock Exchange; FILE: Shenzhen City, Guangdong Province, south China - Date Unknown 3. Various of bull statue, entrance of Shenzhen Stock Exchange (SSE) building, SSE flag; FILE: Beijing, China - Date Unknown 4. Various of Beijing Stock Exchange exterior; Beijing, China - Dec 6, 2025 5. SOUNDBITE (Chinese) Wu Qing, chairman, China Securities Regulatory Commission: "We must proactively cater to the diverse wealth management needs of investors with different risk appetites, investment scales, and investment horizons, providing more abundant and targeted products and services which are more conducive to long-term and value investments. We must work together with investors for mutual benefit and win-win outcomes, jointly participating in and sharing the fruits of economic and capital market development."; FILE: China - Exact Location and Date Unknown 6. Various of traders working, screen showing stocks information; FILE: Shanghai, China - Date Unknown 7. Aerial shots of cityscape; FILE: Shenzhen City, Guangdong Province, south China - Date Unknown 8. Aerial shots of cityscape. [Restrictions: No access Chinese mainland]