(Beijing Comprehensive News) The China Securities Supervision and Administration Commission announced on Sunday (August 27) that it will tighten the first public sales (IPO) rhythm;Limited losses.
The Securities Regulatory Commission announced on the official website that it will tighten the rhythm of the IPO in the near future and promote the dynamic balance of both ends of investment and financing.
For a large re -financing of listed companies in the financial industry or large market value of other industries, the Securities Regulatory Commission decided to implement a pre -communication mechanism to pay attention to the necessity of financing and the timing of issuance.
The Securities Regulatory Commission also announced that it is necessary to highlight the good and bad, and reinstatement of listed companies with high loss, continuous losses of business performance, and high financial investment ratios, and properly limited their financing interval and financing scale.The CSRC will also guide listed companies to reasonably determine the scale of re -financing and strictly implement the requirements for financing interval.
The stamp duty of securities transactions is halved from now on
On the other hand, China will be reduced from Monday (August 28) from half -levying securities transactions.The Ministry of Finance and the General Administration of Taxation Sunday (27th) announced in the announcement issued by the official website of the Ministry of Finance that the purpose was to activate the capital market and boost investor confidence.
Reuters last Friday (25th) quoted people familiar with the matter that Chinese official plans to reduce the stamp duty of the stock transaction up to 50%to revive the sluggish China stock market.This is also the first time that the Chinese government has lowered stamp duty since the financial crisis in 2008.
Xie Chen, a fund manager of a Shanghai investment management company, analyzed that the above measures can boost the market in the short term, but in the long run, there will be no effect.Even shorter.