www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

Chinadaily.com.cn
 
Go Adv Search

Govt works on new programs to aid small business

Updated: 2012-04-06 08:02

By Chen Jia (China Daily)

  Comments() Print Mail Large Medium  Small 分享按鈕 0

China's capital market regulator is encouraging financial support for small businesses by accelerating the launch of a unique national over-the-counter market and a pilot program for issuing privately raised company bonds.

Specific regulatory measures are being discussed by the China Securities Regulatory Commission, aiming to help small and medium-sized companies raise money outside the stock market or bank lending, which can boost industrial economic development.

An official from the CSRC said on Thursday that a draft may be released soon to solicit opinions.

The main participants in the OTC market will be institutional investors, and they should follow the non-listed public company supervision rules, the CSRC official said.

"The development of the unique national OTC market will not give unfavorable influence to exchange trading, because the purpose is focusing on transactions other than raising money," he added.

Since 2006, China has had a trial platform at Zhongguancun in Beijing for share transfers of non-listed companies. The total money raised directly on this platform was only 1.71 billion yuan ($271 million) in the past six years, according to the regulator.

In the past 15 months, the transaction value of the Zhongguancun OTC market was 732 million yuan, with an average turnover rate of 3.4 percent, compared with 230 percent with exchange trading, said the CSRC.

"Efforts are needed to explore the regulations of OTC markets, raising the proportion of direct financing and optimizing the financial structure," Vice-Premier Wang Qishan, said last week in Beijing.

Wang suggested the top regulator learn from the Zhongguancun model and adhere to market-based rules to allow small and medium-sized non-listed companies, including self-regulatory organizations and broker-dealers, "to play a leading role in share transfers".

The CSRC also said on Thursday that the Shanghai Stock Exchange and Shenzhen Stock Exchange are jointly making policies for small-scale companies to issue privately raised bonds.

The return rate ceiling of this high-risk bond may be set at three times the benchmark debt interest rate.

"The pilot programs for this company bond will not be quickly expanded nationwide, but we will choose some provinces, where small businesses gather to set up, such as Zhejiang province," the CSRC official said.

This is expected to enrich China's bond market and provide more channels for companies to raise money, although the potential risk of the investment is higher than ordinary company bonds, analysts said.

chenjia1@chinadaily.com.cn

主站蜘蛛池模板: 色www永久免费网站国产 | 国产成人在线免费 | 亚洲精品成人在线 | 欧美日韩ay在线观看 | 巨乳女上司 | 久久一二 | 国产一级在线观看www色 | 国产精品自拍视频 | 国产欧美另类久久精品91 | 日韩美女啪啪 | 69凹凸国产成人精品视频 | 99在线观看视频 | 波多野结衣被强在线视频 | 国产精品久久久久久爽爽爽 | 精品视频免费在线 | 国产性自爱拍偷在在线播放 | 在线免费看一级片 | 亚洲精品欧洲一区二区三区 | 欧美jizz19性欧美 | 亚洲国产精品一区二区不卡 | 色偷偷88欧美精品久久久 | 作爱视频在线免费观看 | 亚洲高清国产一区二区三区 | 成人欧美 | 日韩久草| 国产成人亚洲精品91专区高清 | 免费日本视频 | 欧美一区二区aa大片 | 免费人成激情视频在线观看冫 | 精品看片 | 日本一区二区三区四区无限 | 精品国产品香蕉在线观看 | 狼伊千合综网中文 | 美国毛片网站 | 高清波多野结衣一区二区三区 | 毛茸茸年轻成熟亚洲人 | 日本三级网站在线观看 | 亚洲国产区 | 欧美一级毛片在线 | 91黑丝国产线观看免费 | 亚洲无总热门 |