国产人人色I色婷婷综合久久中文字幕雪峰I奇米色777欧美一区二区I久热久热aV爽青青在线I国产av喷水I国产伦精品一区二区三区免.费I高潮av在线Iww欧美一级I91天天看I黄a在线91I九一无码中文字幕久久无码色…I丰满国产精品视频二区

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / China Development Forum 2021

China to boost capital market opening, risk prevention: CSRC Chairman

By Zhou Lanxu | chinadaily.com.cn | Updated: 2021-03-20 14:18
Share
Share - WeChat
A deliveryman rides past an electronic board in West Nanjing Road in Jing'an district, Shanghai, displaying the trading day's closing levels of key indexes of the Shanghai Stock Exchange and the Shenzhen Stock Exchange on Nov 3, 2020. [Photo by Wang Gang/For China Daily]

China's capital market has provided foreign investors with good returns and has a great potential of further attracting foreign capital, Yi said, citing that the proportion of foreign holdings in total A-share market capitalization has remained relatively low at less than 5 percent. 

Having learned from the best practice overseas, the country's registration-based reform has achieved breakthroughs with the stable operation of the registration-based initial public offering system on Shanghai's STAR Market and Shenzhen's ChiNext, Yi added.

"We will proactively create conditions for carrying out the registration-based reform across the whole marketplace," Yi said, adding that the commission will take multiple measures and improve related rules to ensure a smooth transition to the registration-based system.

For instance, the commission will urge intermediary institutions to improve their capability and further fit in the new system, Yi said, citing that some IPO sponsors are yet to be fully adaptive to the registration-based system, which has led to withdrawal of some IPO filings recently.

Yi added that the registration-based system does not mean relaxing review requirements. Shanghai and Shenzhen stock exchanges have stringently performed their duty of IPO review, while the CSRC has examined review quality of the exchanges and other major aspects such as issuers' information disclosure under the registration-based system.

The above measures have been effective and necessary, he said, citing that regulators in major markets overseas like the US also implement strict arrangements over issuance review and registration.

|<< Previous 1 2   
Top
BACK TO THE TOP
English
Copyright 1994 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE