[China Securities Regulatory Commission: Cross-border, cross-market and cross-industry risk transmission deserves high vigilance] On October 19th, Chairman of the China Securities Regulatory Commission Wu Qing said at the opening ceremony of the 2026 Financial Street Forum Annual Meeting that the current century-old changes are accelerating and a new round of technological revolution and industrial transformation are booming. The world's political and economic landscape and financial ecology are facing deep adjustment and reshaping, which has an increasingly broad and far-reaching impact on the capital market. Disturbances from geopolitical conflicts have increased global risk premiums, the complex interest rate environment has promoted asset re-pricing and rebalancing, artificial intelligence has driven market changes to accelerate, global market linkage and resonance have increased significantly, volatility linkages in stocks, bonds, foreign exchange and other markets have increased, and cross-border, cross-market and cross-industry risk transmission deserves high vigilance.