China Securities Regulatory Commission Chairman has expressed his anger on leverage company buy-outs by some asset managers, which has caused no small response from the market, and this might also lead to some policy and regulatory adjustments. Anbound Think Tank research team believes that the market should reflect on this incident. Firstly, the recovery and functional reconstruction should be the priority of the current stock market in China, and this cannot be undermined. Secondly, any further exposure of the contradiction between the divisions of industry supervision may affect the future financial regulatory reform. Thirdly, regulators of the stock market show a high degree of concern, and this has to do with the development of Renminbi demand market under the background of capital surplus. Fourthly, the future of securities market regulation may change.