Chinese media reported that China started the stress testing of securities companies.
The China Securities Journal on Thursday (March 23) quoted insiders in the industry that the China Securities Industry Association issued a document to start the pressure testing of securities companies.
Pressure test includes comprehensive pressure testing, and two parts of the stress test of off -site derivatives.Brokers need to report pressure test results and related test data before April 14.
China Securities Association said that each broker should test the company in extreme cases such as the decline in stocks and bonds, rising default rates of bonds and transactions, and decline in business scale.Controlle indicators and overall financial indicators, and evaluate the company's risk pressure.
