CSRC Chairman Wu Qing, at the opening of the 2026 Financial Street Forum, warned
that accelerating structural shifts and geopolitical frictions are elevating
global risk premia and deepening market linkages. He said a more complex
interest-rate backdrop is driving asset repricing and rebalancing, AI is
accelerating market transformation, and cross-asset volatility co-movement
across equities, bonds and FX is increasing, making cross-border, cross-market
and cross-industry risk transmission a heightened concern for capital markets.