CSF Mulls Mechanism to Quickly Clarify Inaccurate Information

The China Securities Association has drafted the "Opinions on Further Deepening Cultural Development in the Securities Industry" and is soliciting feedback from brokerages. The draft proposes regularly promoting positive public opinion coverage of the industry and systematically telling the story of high-quality capital market development. The document calls for building a multi-channel, all-media communication matrix that delivers differentiated content to different audiences, combines macro and micro narratives, and widely disseminates industry and company values. It also proposes improving expectation management and public opinion mechanisms, establishing regular channels for think tanks such as chief economists to speak out, and promptly and accurately interpreting policies and responding to market concerns when major policies are released, market volatility increases, or hot events ferment. In addition, it proposes planning and launching cultural works of distinction that combine intellectual depth with communicative power, vividly conveying professional value and steadily raising the industry's social reputation and public recognition. (Caixin)