日韩午夜精品视频,欧美私密网站,国产一区二区三区四区,国产主播一区二区三区四区

--- SEARCH ---
WEATHER
CHINA
INTERNATIONAL
BUSINESS
CULTURE
GOVERNMENT
SCI-TECH
ENVIRONMENT
LIFE
PEOPLE
TRAVEL
WEEKLY REVIEW
Learning Chinese
Learn to Cook Chinese Dishes
Exchange Rates
Hotel Service


Hot Links
China Development Gateway
Chinese Embassies

Securities Watchdog Vows to Standardize M&As

The China Securities Regulatory Commission (CSRC), the nation's securities watchdog, will set up a special committee to examine mergers and acquisitions (M&As) of listed companies.

Yang Hua, director of the CSRC's listed companies supervision department, said the committee would be launched "soon" but did not give more details about the committee.

Experts say the establishment of such a committee, which was proposed last year, is part of the commission's efforts to standardize M&As in the securities market.

Other efforts will include enhancing regulations and rules concerning asset restructuring; takeover of listed companies and share custody; and improving supervision efficiency, China Securities newspaper quoted Yang as saying.

Yang also promised to follow international experience to explore new channels and means to expand M&As; and thus create a good market environment for well-performing and high-quality listed companies.

He told a CEO forum of listed companies held in Shanghai on Monday that the CSRC has been encouraging listed companies to ensure above-the-board M&As and avoid irregularities like fabricated assets restructuring.

In the past, some listed companies, especially loss-making ones, conducted fake asset restructuring - called "restructuring on books" - before they released their annual financial statements in a bid to make their statements look better.

Other firms refused to provide enough information concerning their M&As to avoid supervision.

However, Yang said the phenomenon was curbed after the rules on acquisition of controlling stakes in domestically-listed companies took effect in December last year.

The rules contain detailed requirements on information disclosure and strict administrative measures to govern M&As.

"More M&As are driven by enterprises' development strategies and target resources optimization," he said.

(China Daily HK Edition August 20, 2003)

Foreign Takeovers Encouraged
Tax Break to Spur on Foreign M&As
Value of M&A in Shanghai Rises
Rule on Foreign Mergers and Acquisitions Under Way
New Rules to Encourage M&As
Foreign Investors Sought for Mergers and Takeovers
Shanghai Encourages Foreign M&As
Print This Page
|
Email This Page
About Us SiteMap Feedback
Copyright © China Internet Information Center. All Rights Reserved
E-mail: webmaster@china.org.cn Tel: 86-10-68326688
主站蜘蛛池模板: 错那县| 凤城市| 靖安县| 且末县| 泾源县| 固原市| 南皮县| 运城市| 禹州市| 昌邑市| 合作市| 绥德县| 禄丰县| 江门市| 盘山县| 理塘县| 朔州市| 焉耆| 小金县| 望城县| 澳门| 社会| 余庆县| 友谊县| 长岭县| 新田县| 临澧县| 永顺县| 焦作市| 云梦县| 古蔺县| 丹寨县| 乳山市| 兴山县| 鄂尔多斯市| 临清市| 台东市| 永康市| 灌阳县| 江口县| 彝良县|