You are browsing the Hong Kong website, Regulated by Hong Kong SFC (CE number: BJA907). Investment is risky and you must be cautious when entering the market.
《大行報告》中金:中證監完善跨境監管合作安排 或有助中美審計監管進一步合作
中金發表報告指,中證監網站發布了《境內企業境外發行證券和上市管理試行辦法》,並同步發布了相關配套監管指引。整體來看,此次新規是在過去近30年發展經驗的基礎上,對相關規則的進一步系統性優化,特別是應對近些年來國內外資本市場環境的新變化和新形勢,這對中國企業融入全球市場、充分利用兩個市場和兩種資源具有積極意義。 該行認為,制度改革的意義在於完善監管體系,保證境內證券監管既不「缺位」,也不「越位」和「錯位」,提高監管效率、保障監管「在位」、避免監管泛化;信息流通不順暢、跨境監管協作複雜等問題此前一直對中國境外企業監管工作造成較大阻礙,完善跨境監管協作有助於改善跨境監管難問題;完善監管規則並不意味著境外上市政策的收緊,相反在規範的前提下給企業提供了更加靈活和自主的選擇,例如明確允許滿足合規要求的VIE架構企業境外上市,並給予企業在再融資、全流通和幣種管理上的更多靈活度。 該行指,新規將境內企業境外上市各發行類型和交易行為均納入監管,且明確相關細則、流程和溝通安排,從發行上市監管範圍、流程上市前備案、事後信息披露、後續再融資派息和股份變化、以及跨境監管合作等多方面都做出了進一步的完善和細緻的要求,使得企業在境外發行上市過程中有據可依。 報告補充,完善跨境監管合作安排,或有助於中美審計監管進一步合作。同時,境外發行或逐步重回正軌,疏通企業海外融資渠道,制度亦推動資本市場進一步高水平開放,並進一步鞏固香港金融中心和人民幣橋頭堡地位。
Follow us
Find us on Facebook, Twitter , Instagram, and YouTube or frequent updates on all things investing.Have a financial topic you would like to discuss? Head over to the uSMART Community to share your thoughts and insights about the market! Click the picture below to download and explore uSMART app!
Disclaimers
uSmart Securities Limited (“uSmart”) is based on its internal research and public third party information in preparation of this article. Although uSmart uses its best endeavours to ensure the content of this article is accurate, uSmart does not guarantee the accuracy, timeliness or completeness of the information of this article and is not responsible for any views/opinions/comments in this article. Opinions, forecasts and estimations reflect uSmart’s assessment as of the date of this article and are subject to change. uSmart has no obligation to notify you or anyone of any such changes. You must make independent analysis and judgment on any matters involved in this article. uSmart and any directors, officers, employees or agents of uSmart will not be liable for any loss or damage suffered by any person in reliance on any representation or omission in the content of this article. The content of this article is for reference only. It does not constitute an offer, solicitation, recommendation, opinion or guarantee of any securities, financial products or instruments.The content of the article is for reference only and does not constitute any offer, solicitation, recommendation, opinion or guarantee of any securities, virtual assets, financial products or instruments. Regulatory authorities may restrict the trading of virtual asset-related ETFs to only investors who meet specified requirements.
Investment involves risks and the value and income from securities may rise or fall. Past performance is not indicative of future performance.
uSMART
Wealth Growth Made Easy
Open Account