China Daily: China's Stock Exchange--4th test OK : LUSENET : TimeBomb 2000 (Y2000) : One Thread

Y2K test of securities continues

CHINA'S securities industry has concluded the fourth test of its computers for millennium-related technical problems, the China Securities Regulatory Commission (CSRC) announced yesterday.

The two-day weekend test achieved all the set goals, the commission said in a press release. But it did not elaborate.

Chen Yaoxian, CSRC vice-chairman, inspected the Shanghai Stock Exchange on Saturday.

He said that China's securities industry was close to resolving the so-called Y2K, or year 2000, problem but that the CSRC will continue to give high priority to the issue.

The securities sector conducted similar tests last September and November as well as February this year.

Chen asked the industry to pay more attention to preventing technical risks, adding that safe operation of technical system was an important foundation for the stable development of securities market. (CD News)

Date: 07/13/99

-- Old Git (, August 07, 1999

Moderation questions? read the FAQ