Yihuiman: establish a normal delisting mechanism to promote the entry of long-term funds into the market

category:Finance
 Yihuiman: establish a normal delisting mechanism to promote the entry of long-term funds into the market


First, we will comprehensively implement the stock issuance registration system and expand the direct financing access. We should timely summarize the experience of the pilot registration system of the science and technology innovation board and the growth enterprise market, and steadily implement the registration system with information disclosure as the core in the whole market. At the same time, we will comprehensively promote the reform of basic systems such as issuance, listing and continuous supervision of transactions, urge all parties to return to their positions and fulfill their responsibilities, so as to make the market pricing mechanism more effective, truly give the right of choice to the market, and support more high-quality enterprises to finance and develop in the capital market.

Fifth, accelerate the development of private equity funds and highlight the strategic role of innovative capital. We should actively broaden the source of funds, smooth the links of raising, investment, management and withdrawal, encourage private equity funds to invest in small, early, and technology investment; introduce Interim Regulations on the management of private equity funds to guide them to continuously improve their professional operation level and compliance management awareness; accelerate the construction of a mechanism for handling private equity risks with inter ministerial cooperation and central local cooperation, and effectively solve the problem of false private placement, quasi private placement, and illegal private investment Raise outstanding problems, promote the healthy development of industry standards. Sixth, we should vigorously promote the entry of long-term funds into the market, and make full use of direct financing. We should speed up the construction of a market environment in which long-term funds are willing to come and stay, strengthen the strength of professional asset management institutions, vigorously develop equity fund products, and continuously promote the active allocation of various medium and long-term funds in the capital market; we should increase policy preference and guidance, steadily increase long-term performance-oriented institutional investors, return to the important concept of value investment, and encourage excellent foreign capital certificates Securities fund institutions come to China to develop their business and promote healthy competition in the industry. Source: Securities Times editor in charge: Yang Bin_ NF4368

Fifth, accelerate the development of private equity funds and highlight the strategic role of innovative capital. We should actively broaden the source of funds, smooth the links of raising, investment, management and withdrawal, encourage private equity funds to invest in small, early, and technology investment; introduce Interim Regulations on the management of private equity funds to guide them to continuously improve their professional operation level and compliance management awareness; accelerate the construction of a mechanism for handling private equity risks with inter ministerial cooperation and central local cooperation, and effectively solve the problem of false private placement, quasi private placement, and illegal private investment Raise outstanding problems, promote the healthy development of industry standards.

Sixth, we should vigorously promote the entry of long-term funds into the market, and make full use of direct financing. We should speed up the construction of a market environment in which long-term funds are willing to come and stay, strengthen the strength of professional asset management institutions, vigorously develop equity fund products, and continuously promote the active allocation of various medium and long-term funds in the capital market; we should increase policy preference and guidance, steadily increase long-term performance-oriented institutional investors, return to the important concept of value investment, and encourage excellent foreign capital certificates Securities fund institutions come to China to develop their business and promote healthy competition in the industry.