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: 五月婷婷在线视频 | 亚瑟av| 成人一区二区三区视频 | 成人欧美一区二区三区白人 | 欧美日韩亚洲综合 | 天天干视频在线观看 | 91亚洲精品国偷拍自产在线观看 | 亚洲视频在线免费看 | 国产一区色 | 久久福利视频导航 | 日韩色网站 | 国产成人精品一区二区三区在线 | 欧美国产精品 | 久久久久黄 | 影音先锋日韩资源 | av在线官网 | 国产精久久久久 | 亚洲欧美在线观看视频 | 国产高潮呻吟久久久 | www久久com| 日日操日日 | 免费黄色资源 | 在线看污片 | 激情视频在线播放 | 日韩欧美亚洲 | 欧美 日韩 国产 一区二区三区 | 久久精品在线观看 | 亚洲精品在| 免费观看一级黄色片 | 国产传媒在线播放 | 亚洲一区在线视频 | 国产乱码久久久久 | 婷婷丁香激情 | 黄色大片在线播放 | 蜜乳av一区二区 | 亚洲欧洲免费视频 | 亚洲婷婷在线观看 | 国产成人三级 | 欧美乱色| 国产成年妇视频 | 免费黄网站在线 |