New third board to welcome heavy profits again! Restrictions on the proportion of public investment may be abolished

category:Finance
 New third board to welcome heavy profits again! Restrictions on the proportion of public investment may be abolished


In terms of investment ratio restriction, the report said that the previously stipulated the proportion of new third board funds investing in the new third board selected layer enterprises in the product closed period shall not exceed 20%, and the investment proportion in the open period shall not be higher than 15%, which will be abolished.

For the selected layer of the new third board, if the restriction on the investment proportion of public funds is cancelled, it means that there is more room for capital inflow, which is another important good after the recent reforms.

On the evening of June 3 this year, the China Securities Regulatory Commission (CSRC) issued the guiding opinions on the listing of companies listed in the national stock transfer system for small and medium-sized enterprises.

The draft of this document was released on March 6. With the release of the official draft, the new three board transfer system was officially implemented, which is also regarded as a milestone event in Chinas capital market reform.

On the day of the promulgation of this guidance, the public offering funds declared by Huaxia, Nanfang, Fuguo, huitianfu, zhaoshang, Wanjia and other fund companies were approved and became the first batch of public offering products to participate in the investment of the selected layer of the new third board.

The first batch of 6 products approved include: Huaxia growth select six months regular open hybrid, southern innovation select one year open hybrid launch, wanjiaxin power monthly purchase one year rolling holding hybrid, Fuguo active growth one year regular open hybrid, huitianfu innovation growth year regular open hybrid and investment promotion growth select one year fixed hybrid.

These funds operate in the way of fixed opening, closed and one-year rolling holding. In terms of investment scope and proportion, the proportion of their investment in the selected enterprises of the new third board is no more than 20%, and the investment proportion in the open period is no more than 15%. Other holding positions can still be invested in the stocks of other sectors such as the science and technology innovation board, the main board, the small and medium-sized board, and the growth enterprise market. July 22, Japan on Wednesday, the Shanghai Stock Exchange quoted a spokesman for the national stock exchange company as saying that the selected layer of the new third board will be officially established and opened for trading on July 27 (next Monday). At that time, 32 enterprises that have completed the public offering will be listed for trading and will officially meet with investors. According to the previous data of enterprise issuance results, the first batch of 32 Enterprises online freezing funds amounted to 1017.062 billion yuan, and several companies online freezing funds exceeded 100 billion yuan. Source: Wall Street news editor: Wang Xiaowu_ NF

These funds operate in the way of fixed opening, closed and one-year rolling holding. In terms of investment scope and proportion, the proportion of their investment in the selected enterprises of the new third board is no more than 20%, and the investment proportion in the open period is no more than 15%. Other holding positions can still be invested in the stocks of other sectors such as the science and technology innovation board, the main board, the small and medium-sized board, and the growth enterprise market.

According to the previous data of enterprise issuance results, the first batch of 32 Enterprises online freezing funds amounted to 1017.062 billion yuan, and several companies online freezing funds exceeded 100 billion yuan.