Registration System Will Solve The Problem Of Queuing And Listing Of Enterprises

At the executive meeting of the State Council held yesterday, the reform plan of stock issue registration system was mentioned again. The meeting pointed out that the registration system of stock issue will be issued urgently.

The plan abolished the continuous profit conditions of stock issuance, and reduced the threshold of listing for small and micro enterprises and innovative enterprises.

We must establish a quick mechanism for small refinancing in capital market, and carry out a pilot scheme for public financing.

Support cross-border financing, so that more companies and global low-cost funds "hand in hand".

Coincidentally, Zhuang Xin, vice chairman of the China Securities Regulatory Commission, said at a financial summit yesterday that the current situation of the domestic market is to be the regulatory authorities.

The realities that must be faced in the process of market reform are also a subject to be solved.

He said that at present, the stock issue registration system reform is advancing, and this reform will help to solve the problem of IPO queuing in enterprises.

Industry analysts believe that the advent of registration system, the majority of retail investors immediately generated fear, in fact, there is no need to register, A shares for long-term good, but in investment philosophy investors need to change.

The industry generally believes that the reform of stock issuing registration system is a market-oriented distribution system.

As an important symbol, securities companies are expected to become the most beneficial industries.

Speculators will be phased out by the market.

And investors will succeed because of the success of some listed companies with real value.

There is no need to worry about the implementation of registration system will lay down A shares, on the contrary will activate the value of A shares.

Retail investors should not be afraid when the registration system is coming. Instead, they should actively respond to changes and change their investment philosophy from speculation to investment.

The so-called registration system mainly refers to the listed companies seeking to issue shares. The SFC only makes a formal examination of the comprehensiveness, accuracy, authenticity and timeliness of the declaration documents, and does not make substantive audit and value judgement on the qualification of the issuer, leaving the good and bad distribution of the company's share votes to the market.

The core of the registration system is that the materials provided by the securities issuer are not false, misleading or omissions, and even if the securities have no investment value, the securities authorities have no right to interfere.