On July 30, the China Securities Investor Services Center launched a
self-developed new-generation securities investor loss measurement system. The
system, built to address judicial practice needs, enhances loss-calculation
functionality and processing efficiency. New features include non-systemic risk
deductions using an event-analysis methodology, pre-testing for statistical
significance of major-event stock-price impacts, multi-format transaction-data
cleaning, and automated generation of loss-measurement opinions.