国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Business / Policy Watch

Regulator issues rules for listed companies

By Cai Xiao (China Daily) Updated: 2014-01-04 07:40

China's top securities regulator on Friday released additional guidelines for A-share listed companies, in a bid to crack down on irregular activities.

The guidelines issued by the China Securities Regulatory Commission set some standards for the commitments that companies make to investors.

If a company does not fulfill those commitments, it will be punished, the CSRC said.

Listed companies will also have to release detailed information regarding its commitments to investors, performance indicators, timelines and risks, it added.

"The commission will ... strictly follow the guidelines to enforce restrictions and punish companies that break their commitments," said Zhang Xiaojun, a CSRC spokesman.

At the end of 2012, the commission conducted a review of the commitments to investors of listed companies. Of the 2,493 listed companies at the Shanghai and Shenzhen stock exchanges, 1,631 had not fulfilled their commitments before the announced deadlines, while 80 companies did not fulfill them even after the deadlines.

The spokesman said the reasons for the result included the adverse credit environment and the fact that the punishment for companies that failed to keep their pledges were not strong enough.

Wang Yi, a manager at China Securities Co Ltd, told China Daily that the CSRC's move is positive because investors were not protected against companies that did not fulfill their commitments.

Wang added that if companies are not able to keep their promises because of force majeure, the regulator should think twice before punishing them. Institutional and strategic investors pay more attention to the commitments of listed companies, while retail investors focus more on share prices, Wang said.

Some investors also welcomed the CSRC's initiative.

Wang Cheng, a Zhejiang-based retail investor, said that Eging Photovoltaic Technology Co Ltd, a company listed company on the Shanghai Stock Exchange, made a commitment two years ago regarding its profit but did not fulfill it, which caused him to suffer losses.

The CSRC and the Ministry of Finance also released rules on Friday for listed companies' internal information disclosure procedures.

...
...
水城县| 南昌县| 安化县| 乐至县| 九龙坡区| 烟台市| 甘德县| 卢湾区| 乐亭县| 南皮县| 县级市| 平定县| 从江县| 宁城县| 平乐县| 前郭尔| 宿州市| 仁化县| 礼泉县| 台安县| 东明县| 喜德县| 康保县| 辰溪县| 四川省| 尖扎县| 西贡区| 广灵县| 交口县| 讷河市| 松江区| 安远县| 梧州市| 德庆县| 纳雍县| 班戈县| 博乐市| 平凉市| 琼结县| 聂荣县| 北海市|