日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

US EUROPE AFRICA ASIA 中文
Business / Markets

New stocks board to help China's tech startups: CSRC

(Xinhua) Updated: 2015-06-27 13:53

SHANGHAI - A new board will be established at the Shanghai Stock Exchange to list tech companies as part of China's capital market reform to tend to the financing needs of small but innovative firms, the country's top securities regulator said on Friday.

Xiao Gang, chairman of the China Securities Regulatory Commission (CSRC), told a forum in Shanghai that the Shanghai Stock Exchange will launch a "strategic emerging board" to complement Shenzhen's existing ChiNext board, where smaller Chinese firms trade.

"A flexible and effective capital market is also a critical indicator of an economy's ability to innovate in addition to traditional gauges such as the number of patents and the emergence of new business models," Xiao said.

Policymakers said last year that they want to reform China's capital market into a multi-layered system to cater to the financing needs of different types of firms.

China's securities regulators have also vowed to turn the country's approval-based IPO system into a registration-based one. Existing rules on companies seeking to list in domestic bourses have made profitability a pre-requisite for an IPO. This has barred many Chinese tech firms from listing in their home market and they have instead floated their shares overseas.

Investing in tech start-ups could be a risky bet for investors, but they hold the potential of driving the Chinese economy toward a tech-intensive and innovation-driven growth model, Xiao said.

China's existing capital market is inadequate in serving the country's 15 million small and medium firms, he said, adding that China should promote the development of angel funds, venture capital and private equities to address the funding difficulties facing startups.

China has also developed an over-the-counter market to meet small firms and tech startups' need for equity financing. Nearly 2,500 firms have been listed on the National Equities Exchange and Quotations, with 77 percent of them tech firms.

High-tech firms account for 90 percent of all companies traded on the ChinNext at the Shenzhen Stock Exchange. The NASDAQ-style board has surged 118 percent since the beginning of this year, compared with the 40-percent gain of the benchmark Shanghai Composite Index.

However, the ChiNext tumbled nearly 9 percent on Friday, one of the largest corrections on a single day in recent years as regulators seek to squeeze out bubbles in the market fueled by reckless margin trading.

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: a视频在线观看免费 | 日本三级中文字幕在线观看 | 超碰免费97 | 日本久久一级片 | 天天综合国产 | 黄色大视频 | 99色精品 | 人人看av | 懂色av蜜桃av | 色偷偷噜噜噜亚洲男人 | 成人免费看片视频在线观看 | 久久久久视 | 91亚洲国产成人精品一区二区三 | 成人免费视频网 | 亚洲精品免费网站 | 最新中文字幕在线视频 | 国产福利在线播放 | 国产理论片在线观看 | 一区二区激情视频 | 三级国产三级在线 | 欧美第七页 | av日日夜夜| 欧洲黄视频 | 亚洲成熟少妇视频在线观看 | 综合网婷婷 | 99热在线观看免费 | 精品视频久久 | 日本99热| 99国产在线观看 | 亚洲福利在线观看 | 男人天堂2014 | 久久五月天婷婷 | 第四色亚洲色图 | avtt亚洲 | 人人艹视频 | 色综合天天操 | 国产中文字幕一区 | 美女天堂网 | 天堂网av手机版 | 殴美黄色片 | 四虎影院在线观看免费 |