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: 连江县| 密云县| 祁阳县| 美姑县| 祥云县| 冀州市| 饶阳县| 延庆县| 保德县| 甘南县| 六枝特区| 永和县| 冕宁县| 莱芜市| 麻栗坡县| 和田市| 志丹县| 泰兴市| 越西县| 青岛市| 苍山县| 交口县| 济南市| 常山县| 南川市| 白水县| 永嘉县| 新化县| 巫山县| 遵义市| 汨罗市| 乐安县| 大同县| 潞西市| 宾阳县| 建湖县| 竹北市| 东至县| 金塔县| 南通市| 拉萨市| 财经| 靖江市| 南岸区| 乾安县| 南安市| 驻马店市| 布拖县| 灵川县| 上犹县| 涡阳县| 嘉禾县| 饶阳县| 安化县| 孝义市| 淮阳县| 茶陵县| 恭城| 东台市| 那曲县| 龙岩市| 宿州市| 宣汉县| 新野县| 澄迈县| 筠连县| 黄石市| 定州市| 天水市| 儋州市| 诸城市| 体育| 怀远县| 陈巴尔虎旗| 广东省| 温宿县| 天镇县| 三门峡市| 荔波县| 山阳县| 德格县| 道孚县|