Quotations
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Wu Zhiguo Quotes
«It's another stimulus the government wants to adopt to invigorate the market by bolstering trading in the long term.»
Author: Wu Zhiguo
«The bonds were forecast to jump as their government backing means little risk to investors. As the country's stock markets still face policy uncertainties, these bonds provide a haven for investors.»
Author: Wu Zhiguo
«Merging city banks can allow them to boost product innovations, tighten risk controls and explore business in bigger geographic regions.»
Author: Wu Zhiguo
«But considering China mainland's scandal-riddled brokerage sector, any concrete move may not come early this year before risk-management rules are finalized while only select brokerages are likely to be included at the initial stage.»
Author: Wu Zhiguo
«The declines were largely due to lack of confidence. Worries over weak corporate governance, brokers' scandals and an equity oversupply weighed on the bourses.»
Author: Wu Zhiguo
«Stiffer competition from bigger state-owned banks may have contributed to the earnings drop. Besides, costs probably rose as the bank was on track to expand out of the city.»
Author: Wu Zhiguo
«Domestic banks have experience and expertise in managing investment in low-risk bonds based on their long-history in asset-management businesses. It's good for ICBC to pursue the plan.»
Author: Wu Zhiguo
«By disposing of bad debt and restructuring itself into a joint-stock venture, ICBC posted handsome profits, which may help attract investors in its new share sale.»
Author: Wu Zhiguo
«The rules will not only protect investors' funds but also help regulators better streamline brokerages' businesses.»
Author: Wu Zhiguo
«The move is clearly aimed at protecting small investors. If directors fail to convene a shareholders' meeting when necessary, investors can act on their interests and help make corporate issues transparent.»
Author: Wu Zhiguo