久久亚洲国产成人影院-久久亚洲国产的中文-久久亚洲国产高清-久久亚洲国产精品-亚洲图片偷拍自拍-亚洲图色视频

US EUROPE AFRICA ASIA 中文
Business / Markets

Key issues involved in the IPO reforms

(China Daily) Updated: 2015-12-11 09:47

What's the point of pushing forward the registration-based IPO reforms?

Experts say that the new system will help China's equity market become more liberalized, market-driven, and balanced in terms of supply and demand. The existing approval-based IPO system was seen as limiting the supply of new shares, which are often in great demand, causing an imbalance that leads investors to speculate for short-term return and discourages rational, long-term investment. They say registration-based IPO reforms will balance supply and demand for shares, and optimize capital allocation, helping China's equity market to develop more healthily.

What changes will the registration-based system bring to China's stock market?

According to a draft released on Wednesday, no approvals from CSRC will be needed for listings. Exchanges will examine listing applications from enterprises instead. Profit-making requirements will be lifted, further relaxing conditions for enterprises. As a result, expects say financing will be made easier, and investors will be encouraged to make more value investments.

Why can the registration-based IPO system be launched before any amendment to the Securities Law?

Experts say that according to the law, the State Council can propose to the country's top legislature to authorize the implementation of certain decisions before related laws or amendments are made. Similar procedures were followed when the pilot China (Shanghai) Free Trade Zone was launched.

When the top legislature passes the registration-based IPO system draft proposed by State Council, which is expected by the end of 2015, the State Council will be authorized to adjust the existing IPO system. The authorization is effective for two years, and by that time amendments to the Securities Law will have been completed.

What will happen to existing enterprises on the IPO waiting list?

According to a CSRC circular, enterprises will be able to launch their IPOs in the same order they currently appear on the waiting list. The number of new shares on offer at any time will not flood the market, as new IPOs will be launched gradually.

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 免费永久国产在线视频 | 国产精品合集久久久久青苹果 | 毛片在线高清免费观看 | 欧美成人精品 | 大黄一级片 | 性感美女一级片 | 一道精品视频一区二区三区图片 | 久久爱青青草 | 美女张开腿给男生桶下面视频 | 欧美 日韩 国产 在线 | 亚洲第一页在线 | 亚洲最新 | 精品欧美小视频在线观看 | 久草观看视频 | 亚洲精品国产啊女成拍色拍 | 99久久免费午夜国产精品 | 另类亚洲视频 | 新婚第一次一级毛片 | 黄影院| 最新国产精品亚洲 | 欧美高清在线视频一区二区 | 亚洲男女在线 | 国产成人精品高清不卡在线 | 美女黄频免费看 | 精品国产日韩亚洲一区二区 | 欧美片能看的一级毛片 | 久久久青草 | 成人免费高清视频网址 | 精品400部自拍视频在线播放 | 香港三级日本三级三级人妇 | 国产成人一区二区三区精品久久 | 精品久久久久久综合日本 | 国产精品亚洲午夜不卡 | 韩国免又爽又刺激激情视频 | 污全彩肉肉无遮挡彩色 | 韩国美女激情视频一区二区 | 中文字幕成人免费高清在线视频 | 国产最猛性xxxxxx69交 | 性欧美video另类bd | 91久久香蕉 | 亚洲精品久久久久中文 |