5 Quotes by Dong Chen

We need to promote competition, which will benefit the Chinese banking sector over the long haul.

The move, by lowering the threshold for small shareholders, is aiming to provide more opportunities for overseas non-financial institutions and their holding companies to invest in securities.

That the B shares may be merged into A shares is a main reason for the index to rise.

The new rules give listed companies more flexibility. The share incentives will stimulate the firms' efficiency and management.

The authorities are trying to prod local banks by promoting broader participation of foreign players in the market.