男女羞羞视频在线观看,国产精品黄色免费,麻豆91在线视频,美女被羞羞免费软件下载,国产的一级片,亚洲熟色妇,天天操夜夜摸,一区二区三区在线电影

Markets

Exchange mulls tool for delisting start-ups

By Li Xiang (China Daily)
Updated: 2011-03-11 13:17
Large Medium Small

BEIJING - The Shenzhen Stock Exchange is considering a delisting mechanism for companies listed on the ChiNext start-up board in an effort to lower the high valuations of listed companies and to better protect retail investors, Chen Dongzheng, the exchange's president, said on Thursday.

Speaking at news briefing in Beijing, Chen said that policymakers are discussing two proposals. One is to set up a direct delisting system that will not allow backdoor listings, and the second is to transfer the delisted companies to the over-the-counter (OTC) market.

"The top policymakers have not reached a consensus," said Chen, who declined to reveal a timetable for the launch of the system.

The absence of a delisting mechanism on the country's start-up board is one of the major factors behind high stock valuations. The securities regulator has realized that there is an urgent need for such a mechanism to curb excessive speculative trading on the board.

A total of 186 companies are currently listed on the ChiNext board, which was launched in 2009 for the country's technology-and-innovation-driven companies. The market capitalization of the start-up board has reached 815 billion yuan ($124 billion) with an average price-to-earning ratio of 69 times.

Related readings:
Exchange mulls tool for delisting start-ups ChiNext Index closes up - March 10
Exchange mulls tool for delisting start-ups Shanghai bourse to vie for more new listings
Exchange mulls tool for delisting start-ups IPO rules to be amended, says regulator

In the meantime, Chen said that the bourse plans to attract 350 new listings this year and will accelerate the development of the country's multi-layer capital market, including the OTC market, to better help the start-up companies grow and raise funds.

China is considering expanding the OTC market by allowing more non-listed start-ups to raise funds on the market. Chen said that the Shenzhen Stock Exchange will help accelerate the expansion by providing the necessary trading technology support.

China established the first OTC stock-trading pilot program in Beijing's Zhongguancun Science Park in 2006. Similar to the Over-the-Counter Bulletin Board (OTCBB) in the United States, the trading system provides an electronic financing platform for nonlisted start-up companies to raise funds.

It has been reported that the country's securities regulator is considering gradually expanding the OTC trading system to more cities across the country and will reopen the market to retail investors.

分享按鈕
主站蜘蛛池模板: 宁国市| 阳信县| 廉江市| 香港 | 泰州市| 开阳县| 宜川县| 锡林郭勒盟| 丰原市| 高州市| 丹巴县| 湟中县| 绥宁县| 尉犁县| 伊吾县| 扶沟县| 静安区| 虞城县| 乌鲁木齐县| 莆田市| 正蓝旗| 汉川市| 拉孜县| 桦甸市| 琼结县| 鄂尔多斯市| 赤峰市| 石城县| 长宁区| 达拉特旗| 内黄县| 增城市| 留坝县| 闽侯县| 福建省| 宝鸡市| 定西市| 乐业县| 体育| 灵宝市| 财经| 司法| 宝鸡市| 平乡县| 讷河市| 玉林市| 大方县| 临漳县| 金阳县| 南澳县| 金溪县| 宜兰市| 昭觉县| 当涂县| 贵德县| 德州市| 阳江市| 格尔木市| 叶城县| 承德县| 黄山市| 鄂托克旗| 宿州市| 政和县| 铜鼓县| 武强县| 奇台县| 泌阳县| 滨海县| 施秉县| 莱州市| 龙里县| 且末县| 绍兴市| 小金县| 巴塘县| 新源县| 都江堰市| 醴陵市| 县级市| 安达市| 华宁县|