The China Securities Supervision and Administration Commission announced on Sunday (August 27) that according to the recent market conditions, the rhythm of the IPO (first public sale) in stages, and the re -financing of real estate listed companies will not be broken, net and net, and net breakthroughs and nets and nets.Limited losses.
The Securities and Futures Commission announced on the official website that according to the recent market conditions, the rhythm of the IPO is tightened in the recent market conditions, and the dynamic balance of both ends of investment and financing is promoted.
For large -scale re -financing of listed companies in the financial industry or large market value listed companies in other industries, the Securities Regulatory Commission decides to implement a pre -communication mechanism to pay attention to the necessity of financing and the opportunity for issuance.
The Securities and Futures Commission also announced that it highlights the good and poor and inferiority. For listed companies with the existence of breaking, cleaning, continuous losses in operating performance, and high financial investment ratio.scale.The CSRC will also guide listed companies to reasonably determine the scale of re -financing and strictly implement the requirements for financing interval.
In addition, the Securities Regulatory Commission decided to further regulate the relevant parties' reducing behavior.There are solid situations, net breaks, or no cash dividends in the past three years, and cumulative cash dividends are lower than the average annual net profit of 30%in the past three years.Shares.The unanimous actors of the controlling shareholder and the actual controller are implemented in accordance with the above requirements; if the listed company discloses the controlling shareholder and the actual controller, the largest shareholder and its actual controller will be implemented in accordance with the above requirements.
The Securities and Futures Commission will also strictly control the total shareholders of other listed companies, and guide them to reasonably arrange the rhythm of holding holdings in accordance with the market situation; encourage the controlling shareholders, actual controller and other shareholdersExtend the shares lock period.The Securities and Futures Commission is also stealing some of the provisions of shareholders and directors of listed companies, directors and supervisors to reduce holdings, improve the level of the rules and effectiveness, refine relevant responsibility clauses, and increase the crackdown on illegal reduction behaviors.
Chinese officials also announced on Sunday that it will be reduced from Monday (28th) to half the seal of securities transactions.
On the other hand, the Shanghai Stock Exchange, the Shenzhen Stock Exchange, and the Peking Stock Exchange will also minimize the financing deposit of investors' financing and buy securities, from 100%to 80%.This adjustment will be implemented since the market closed on September 8, 2023.The Securities Regulatory Commission explained that this is to implement the policy arrangement of active capital markets issued by the CSRC, to boost investor confidence, promote the functions of financing and securities trading business, and better meet investors' reasonable transaction needs.
