CSRC Keen On Clean Energy Listing
By Winny Wang |
December 23, 2009, Wednesday
|
Print Edition
Print Edition
CHINA'S securities regulator encourages more energy-saving companies to launch initial public offerings on the domestic Nasdaq-style board.
The China Securities Regulatory Commission should give its full weight to adjusting the economic structure and speed up development of low carbon, green economy, environment protection, biomedical and new energy companies, its Chairman Shang Fulin said at a forum yesterday.
Shang also called for more mergers and restructuring of listed firms, technology upgrading and ensuring that profitability of companies be sustained. He also said the CSRC will improve the new stock pricing mechanism and revise delisting rules.
He highlighted a key task for the CSRC next year is to develop a corporate bond market although he did not release further details.
Shang also encouraged securities and futures companies to expand abroad as "the move will enable more companies to compete with their overseas counterparts and accumulate managerial experience to enhance their capabilities."
The turnover of China's futures market in the first 11 months of this year was 113.3 trillion yuan (US$16.59 trillion), a surge of 72.57 percent from a year ago.
The China Securities Regulatory Commission should give its full weight to adjusting the economic structure and speed up development of low carbon, green economy, environment protection, biomedical and new energy companies, its Chairman Shang Fulin said at a forum yesterday.
Shang also called for more mergers and restructuring of listed firms, technology upgrading and ensuring that profitability of companies be sustained. He also said the CSRC will improve the new stock pricing mechanism and revise delisting rules.
He highlighted a key task for the CSRC next year is to develop a corporate bond market although he did not release further details.
Shang also encouraged securities and futures companies to expand abroad as "the move will enable more companies to compete with their overseas counterparts and accumulate managerial experience to enhance their capabilities."
The turnover of China's futures market in the first 11 months of this year was 113.3 trillion yuan (US$16.59 trillion), a surge of 72.57 percent from a year ago.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔＄粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
