[Wu Qing: Improve the capital market’s ability to withstand various “black swan” and other risk events] On November 14th, Wu Qing, Chairman of the China Securities Regulatory Commission, said at the 2026 China Capital Market Academic Annual Conference that the global capital market is experiencing a new round of asset re-pricing and rebalancing. This requires actively implementing global governance initiatives, deepening cooperation in capital market supervision, jointly studying how to deal with uncertain and unpredictable factors, enhancing the supply of deterministic institutions, and continuously improving the ability and resilience of the capital market to withstand major risk events such as various "black swans" and "grey rhinoceros".