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Quant funds curb growth as regulator flags risks. What did Yi Human, Chairman CSRC say?

preview: executive summary

6 Sept 2021, Yi Huiman, chairman of the China Securities Regulatory Commission (CSRC), said on Monday the rapidly growing number of "quants" was a challenge to stock exchanges.

In mature markets, such quantitative and high-frequency trading had led to better liquidity, but also fueled herd behavior, greater volatility, and unfairness, he added.

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