CSRC Introduces Policies to Stabilize Capital Market

The release of these comprehensive policy documents underscores the CSRC's commitment to enhancing the integrity, stability, and transparency of China's capital markets, so as to foster a healthier and more robust financial environment conducive to sustainable company growth and investor confidence.

(AsianFin)—China Securities Regulatory Commission (CSRC) Vice Chairman Li Chao unveiled a series of policy documents on Friday, in line with the CSRC's emphasis on building the "one cornerstone" and "five pillars" to meet the intrinsic stability requirements of the capital market. "One cornerstone" refers to high-quality listed companies. "Five pillars" refer to a more reasonable capital structure, more complete basic systems, more effective market regulation, higher-quality professional services, and stricter regulatory enforcement.

In terms of IPO listings, the CSRC introduced eight policy measures designed to elevate the quality of the application and review procedure, including holding IPO applicants accountable for accurate information disclosure, preventing blind pursuit of listings, and strengthening the oversight of intermediary agencies and stock exchanges during the review process. Additionally, the CSRC emphasizes the need for comprehensive supervision and accountability, ensuring strict enforcement of regulations for IPO applicants and intermediary agencies.

For the supervision of listed companies, the CSRC outlines 18 policy measures across four domains, including cracking down on financial fraud and enhancing dividend supervision. Important initiatives involve reinforcing information disclosure supervision, preventing circumvention of share reductions, and promoting market value management of listed companies.

When it comes to securities and fund supervision, the CSRC released document featuring 25 policy measures spanning seven areas. These include rectifying the positioning of industry institutions, consolidating compliance and risk control foundations, optimizing industry development ecology, and enhancing regulatory enforcement to prevent and resolve financial risks.

The release of these comprehensive policy documents underscores the CSRC's commitment to enhancing the integrity, stability, and transparency of China's capital markets, so as to foster a healthier and more robust financial environment conducive to sustainable company growth and investor confidence.

转载请注明出处、作者和本文链接
声明:文章内容仅供参考、交流、学习、不构成投资建议。
想和千万钛媒体用户分享你的新奇观点和发现,点击这里投稿 。创业或融资寻求报道,点击这里

敬原创,有钛度,得赞赏

赞赏支持
发表评论
  • 给小编加鸡腿🍗
  • 爱了爱了😁
  • 挺有深度的,不错
  • 紧跟时事,赞一个👍🏻👍🏻
  • 真不错,收藏了
  • 写的很不错,关注了
  • 都没有那么简单
  • 这么厉害的吗
  • 学到了学到了
  • 商场如战场,竞争激烈啊
  • 行业发展都是有周期的
  • 企业的发展都不是一番风顺的
  • 说的好有道理😄
  • 内容值得人们反思
  • 数据还是很详细的
  • 内容很精彩,夸一夸
  • 又学到了很多知识
  • 内容很详细👍🏻
  • 小编辛苦了
0 / 300

根据《网络安全法》实名制要求,请绑定手机号后发表评论

登录后输入评论内容
4
3

扫描下载App