‘Black swans’ and ‘grey rhinos’: China’s regulator warns of risks amid global turmoil

South China Morning Post - Nov 15, 2026

China’s top securities regulator has flagged the threat of potential “black swan” and “grey rhino” events amid global market turbulence, calling for greater regulatory certainty and cooperation to bolster market resilience. Global capital markets were “experiencing a new round of asset repricing and rebalancing” amid “intertwined changes and turmoil”, said Wu Qing, chairman of the China Securities Regulatory Commission (CSRC), at the 2026 China Capital Market Annual Conference in Shanghai over...

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