Hot Review:
National SME share transfer system last month officially has a new action. China Securities Regulatory Commission website on the 2nd published the "Interim Measures for Small and Medium Enterprises Share Transfer System LLC", started today. According to the China Securities Regulatory Commission relevant person in charge, "measures" to solve the three major problems: First, to establish the legal status of the National SME share transfer system, the National SME share transfer system limited liability companies and listed companies; the second is a clear stake in the country transfer system's functions; the third is to establish a national system of transfer of shares the basic regulatory framework. (Source: Guangzhou Daily)
Hot review:
"Measures" There are two major highlights. The first is the number of shares of listed companies exceeded 200 people. At the same time, there are four options trading, market making to be recognized. The 2nd announced the "approach" clearly states that, in the three new board listed company for non-listed public companies, the number of shareholders can be more than 200 people; the implementation of hosted brokerage system, sponsored by the brokerage business, including recommended shares of stock listed companies, listed companies to continue supervision and so on. In addition, the "approach" for the new three board listed stock transfer provisions compelling way. According to regulations, listed on the stock transfer can take to make the city the way, the other way transfer agreement, competitive bidding or approved by the SFC. This means that the market is quite concerned about the way to make the city finally be recognized.
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