久久久无码人妻精品无码_6080YYY午夜理论片中无码_性无码专区_无码人妻品一区二区三区精99

US EUROPE AFRICA ASIA 中文
Business / Markets

IPO reform should be done gradually: Official

By Xie Yu in Shanghai (China Daily) Updated: 2014-03-12 07:22

IPO reform should be done gradually: Official 

Xiao Gang (center),chairman of the China Securities Regulatory Commission,speaks with reporters after a meeting at the ongoing annual session of the National People's Congress. Xiao said the commission will push "step by step" for a registration-based reform of the initial public offering system. Provided to China Daily 

Securities watchdog aims to further internationalize nation's markets

The reform of China's capital market requires strenuous efforts but should not be over-ambitious, the head of China's securities watchdog said on Tuesday.

"China's financial market is far from fully market-oriented. Our reform aims to further commercialize it, improve the legal system and make it more international," Xiao Gang, chairman of the China Securities Regulatory Commission, said during a media brief at the ongoing annual session of the National People's Congress.

Xiao said the authority will push for a registration-based reform of the initial public offering system "step by step". The remark signaled a denial of rumors that the authority had called an end to the reform.

IPO reform should be done gradually: Official
IPO reform should be done gradually: Official 
He also said volatility exists in all stock markets, not only those in emerging economies but also in developed ones.

Xiao said opening up China's capital market would involve various aspects in 2014, including expanding the investment quota for so-called Qualified Institutional Foreign Investors and Renminbi Qualified Foreign Institutional Investors.

Emphasis also will be put on a series of challenges. They include studying how China's capital market can be made more open to foreign securities, futures and fund institutions; the negative list that identifies businesses not allowed to operate in China; the introduction of more overseas institutions to the China market, a drive to push Chinese institutions to enter the global market; and the strengthening of cooperation with Hong Kong and Macao.

China's stock market has been a clear loser in the global market in contrast to the nation's booming economic growth. The benchmark Shanghai Composite Index has retreated roughly 5 percent year-on-year amid the authority's deliberations over reform of initial public offerings in the face of doubts from investors. Furthermore, insider dealing and price manipulation scandals have continued to disturb the market.

"The authority is trying to find a balance between letting the market play a decisive role and maintaining overall stability. That explains why it emphasized the role of the market before IPO reform began but keeps intervening in practice," said Oliver Meng Rui, a professor at China Europe International Business School.

A registration-based IPO system, unlike the current approval-based system, requires full information disclosure instead of strong financial records.

Analysts said the key difference between the two systems lies in whether the commission controls the pace of new listings. However, because China's stock market has been suffering from long-term unbalanced supply-demand and price distortions, there may be more jitters if it suddenly transferred to a registration-based IPO system.

Rui said a lot should be done in preparation, including pushing for strict delisting regulations and improving self-restricting mechanisms for listed companies.

The benchmark Shanghai Composite Index climbed 0.1 percent to 2001 on Tuesday after a very poor showing on Monday. Turnover shrank to 76.9 billion yuan ($12.6 billion) from 95 billion on Monday.

 

Hot Topics

Editor's Picks
...
...
久久久无码人妻精品无码_6080YYY午夜理论片中无码_性无码专区_无码人妻品一区二区三区精99

    欧美色偷偷大香| 色视频成人在线观看免| 日韩欧美亚洲另类制服综合在线| 国产精品毛片久久久久久| 国产伦精一区二区三区| 日本美女一区二区三区视频| 国产一区二区福利| 精品福利一二区| 激情五月激情综合网| 精品国产一区二区三区忘忧草| 婷婷中文字幕综合| 欧美高清性hdvideosex| 亚洲高清久久久| 欧美群妇大交群的观看方式| 天天色综合成人网| 91在线一区二区| 精品国产乱码久久久久久闺蜜| 日韩电影在线一区| 欧美不卡在线视频| 国产精品一区二区久久精品爱涩 | 亚洲色图丝袜美腿| 色婷婷激情综合| 亚洲黄色免费电影| 欧美影视一区在线| 亚洲午夜久久久| 欧美三级电影一区| 亚洲男人天堂一区| 99久久99久久精品免费观看| 亚洲精品成人悠悠色影视| 欧洲国内综合视频| 午夜国产不卡在线观看视频| 欧美高清视频不卡网| 喷水一区二区三区| 久久综合av免费| 韩国午夜理伦三级不卡影院| 26uuuu精品一区二区| 成人伦理片在线| 亚洲一区免费视频| 日韩欧美国产综合| 狠狠色丁香婷婷综合久久片| 欧美性受xxxx| 奇米影视7777精品一区二区| 欧美成人免费网站| 国产精品99久久久久久宅男| 中文字幕av不卡| 久久久久9999亚洲精品| 99这里只有精品| 亚洲国产一区二区三区 | 综合自拍亚洲综合图不卡区| 99re热视频这里只精品| 亚洲国产精品久久久久婷婷884| 在线成人小视频| 精品亚洲免费视频| 亚洲天堂久久久久久久| 欧美午夜精品免费| 狠狠色丁香婷婷综合| 中文字幕在线视频一区| 欧美色涩在线第一页| 亚洲国产综合91精品麻豆| 日韩色在线观看| 成人一区二区三区视频在线观看 | 国产高清久久久| 伊人婷婷欧美激情| 精品毛片乱码1区2区3区| 99久免费精品视频在线观看| 日本成人在线不卡视频| 国产精品污www在线观看| 在线观看视频91| 激情成人午夜视频| 国产精品99久久久久久有的能看| 国产精品久久久久久久蜜臀| 欧美另类变人与禽xxxxx| 国产suv一区二区三区88区| 亚洲成在人线在线播放| 国产欧美精品一区二区色综合| 国产suv精品一区二区6| 亚洲最色的网站| 日韩精品在线一区二区| 97精品久久久午夜一区二区三区| 亚洲曰韩产成在线| 欧美体内she精高潮| 国产91丝袜在线观看| 天天操天天干天天综合网| 国产午夜精品一区二区三区四区| 色噜噜狠狠成人中文综合| 另类小说一区二区三区| 1区2区3区国产精品| 亚洲精品一区二区三区香蕉| 欧美中文字幕一区| 成人免费高清在线| 国内精品久久久久影院薰衣草| 一区av在线播放| 欧美精品一区二区三区四区| 久久99最新地址| 一区二区在线电影| 日本一二三不卡| 91成人网在线| 国产一区不卡视频| 亚洲在线视频网站| 国产精品久久毛片a| 久久久精品国产免费观看同学| 51精品国自产在线| 欧美性三三影院| 久久精品国产澳门| 天天免费综合色| 亚洲一卡二卡三卡四卡无卡久久 | 看电视剧不卡顿的网站| 亚洲最快最全在线视频| 国产精品毛片a∨一区二区三区| 精品国产一区二区三区忘忧草| 欧美日本韩国一区二区三区视频| 91麻豆免费观看| 99久久久久久| 国产99精品国产| 国产精品系列在线观看| 韩国女主播一区| 日韩高清电影一区| 婷婷久久综合九色国产成人 | 日本道免费精品一区二区三区| 蜜臀av性久久久久蜜臀aⅴ| 亚洲乱码国产乱码精品精的特点| 欧美亚洲日本国产| 色久综合一二码| 一本到不卡免费一区二区| 成人激情免费视频| 成人激情动漫在线观看| 国产精品一二三| 国产精品一区免费视频| 激情久久五月天| 国产伦精品一区二区三区免费迷 | 国产成人精品aa毛片| 国产在线精品一区在线观看麻豆| 久久99蜜桃精品| 久久99精品国产麻豆婷婷| 久久精品99国产精品| 激情五月婷婷综合网| 国产精品主播直播| 亚洲成人福利片| 国产精品久久久久婷婷| 日韩免费观看高清完整版在线观看| 色94色欧美sute亚洲13| 色域天天综合网| 欧美午夜宅男影院| 777午夜精品视频在线播放| 7777精品久久久大香线蕉| 欧美精品一卡二卡| 日韩三级电影网址| 久久疯狂做爰流白浆xx| 一区二区高清视频在线观看| 久久精品国产亚洲一区二区三区| 成人美女在线视频| 3atv在线一区二区三区| 中文字幕乱码一区二区免费| 亚洲不卡av一区二区三区| 国产麻豆视频精品| 欧美日韩性生活| 久久久国产一区二区三区四区小说 | 91免费精品国自产拍在线不卡| 欧美日韩成人一区| 久久亚洲一区二区三区明星换脸| 亚洲免费高清视频在线| 九色综合狠狠综合久久| 一道本成人在线| 久久久精品综合| 午夜成人在线视频| 白白色亚洲国产精品| 日韩欧美一区二区久久婷婷| 亚洲女与黑人做爰| 国产一区二区免费视频| 欧美日韩1234| 中文字幕五月欧美| 精品在线观看免费| 欧美在线视频日韩| 国产农村妇女毛片精品久久麻豆 | 午夜精品久久久久久久久| 高清不卡一二三区| 欧美一卡在线观看| 一二三四区精品视频| 丰满少妇在线播放bd日韩电影| 欧美浪妇xxxx高跟鞋交| 中文字幕一区三区| 国产在线精品国自产拍免费| 欧美另类久久久品| 亚洲精品视频在线看| 国产精品中文欧美| 欧美一级一级性生活免费录像| 亚洲精品国产无套在线观| 国产精品中文字幕一区二区三区| 91麻豆精品国产91久久久| 亚洲欧美日韩成人高清在线一区| 精品一区二区在线免费观看| 国产精品国产成人国产三级| 国内精品伊人久久久久影院对白| 欧美精品一卡两卡| 亚洲一区在线播放| 91麻豆免费在线观看| 国产精品传媒视频| 国产成人99久久亚洲综合精品| 精品奇米国产一区二区三区| 日韩精品欧美成人高清一区二区|