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

Securities regulator shares audit data with US counterparts

By Cai Xiao in Beijing and Xie Yu in Shanghai (China Daily) Updated: 2014-01-11 07:55

The China Securities Regulatory Commission has shared the audit details of four Chinese companies listed abroad with overseas regulators, in a further move to crack down on illegal activities and protect the interests of investors, the watchdog said on Friday.

In May, a memorandum of understanding was signed by the CSRC, China's Ministry of Finance, the audit regulator in the United States and the Public Company Accounting Oversight Board in the US.

Since March 2013, the CSRC has been making available to foreign counterparts the audit details on Chinese companies listed abroad and is also seeking cooperation projects with overseas regulators.

"We'll continue to fulfill our commitments under the bilateral and multilateral cooperative MOUs and strengthen cooperation with overseas regulators to crack down on illegal listing and trading activities, protect investors' interests and maintain the reputation of Chinese companies," said Deng Ge, a CSRC spokesman.

At the same time, the CSRC is also boosting regulations on new share issuance and underwriting activities.

Fifty-one Chinese companies are preparing to go public after a 14-month IPO hiatus, and the CSRC has asked securities associations and stock exchanges to conduct checks on the underwriting work of those companies.

"We must emphasize that the market-oriented IPO reform does not mean that issuers and underwriters can do anything they like. The CSRC will investigate and punish illegal activities," Deng added.

The commission said at the end of November that China would resume listings in January after the IPO suspension. After that, a reform plan for new listings has been implemented to boost the country's stock market image in the long term.

Under the reform plan, the CSRC will only be responsible for examining the applicants' qualifications, leaving investors and the markets to make their own judgments about a company's value and the risks of buying its shares.

The commission's statement was released after Chinese drug maker Jiangsu Aosaikang Pharmaceutical Co Ltd on Friday became the first company to delay its listing after the IPO suspension.

Aosaikang had said on Thursday it planned to issue about 55.47 million shares at 72.99 yuan ($12) per share, which would represent a price-to-earnings ratio of 67 times.

The average PE ratio of the pharmaceutical companies listed on Shenzhen's Nasdaq-style ChiNext board, where Aosaikang planned to go public, is roughly 55.31, the State-run Shanghai Securities Journal reported.

"Authorities have made their stance quite clear: they're against high IPO prices and aggressive dilution of shares belonging to original shareholders, but it seems companies are still trying to ignore that," said Simon Yue, an analyst at a Shanghai-based private equity firm.

"Aosaikang's IPO delay was probably ordered by the CSRC. Their IPO price was too high, and the dilution of old shares was too aggressive. The CSRC didn't want it to set a bad example, as more than 20 companies are about to go public in the next two weeks," said Zhou Yi, an independent financial commentator.

...
...
主站蜘蛛池模板: 免费特级黄毛片 | 亚洲欧美综合 | 欧美精品一区二区三区四区 | 男人天堂亚洲 | 欧美日韩亚洲一区 | 久草福利在线观看 | 免费看黄av| 免费成人激情视频 | 波多野结衣一区二区三区高清 | 91色国产 | 91黄在线观看 | 韩日精品在线 | 国产精品999 | 男女无遮挡xx00动态图120秒 | 亚洲精品自拍偷拍 | 亚洲特黄 | 亚洲一区在线免费 | 国产盗摄一区二区三区 | 四虎在线免费观看 | 亚洲欧美在线免费观看 | 香港之夜完整在线观看 | 天天色天天操天天射 | 日韩黄色高清视频 | 亚洲天堂精品在线 | 69av在线视频| 国产免费av网址 | 日本黄色高清视频 | 国产在线二区 | 免费看的黄色网 | 国产8区| 久久影院中文字幕 | 欧美亚洲国产一区 | 日韩av男人天堂 | 一区二区的视频 | 久久综合亚洲 | 人人超碰人人 | aaa在线免费观看 | 亚洲免费在线视频 | 奇米影视中文字幕 | 香蕉视频一区 | 久久高清精品 |