Saturday, December 18, 2010

SASAC intends to monitor the transactions of state-owned shares.

<P> Administration of state-owned shares of listed companies to be perfect </ P> <P> sources, the SASAC plans to establish a network of state-owned shares with the stock trading real-time monitoring system to monitor real-time changes in state-owned shares. .</ P> <P> Previously, Guangdong Province, the management of the SAC has made a similar idea, namely the establishment of networking and exchange real-time dynamic alarm system, state-owned shares of listed companies in proportion to the dynamic monitoring to prevent circulation background of the company .management uses non-tradable shares into the market opportunities for price manipulation. .In addition, the limited conditions of sale or transfer of state-owned equity transactions should be subject to confirmation by the agency and decryption owned Assets Supervision, the state-owned shareholders to the transaction by securities companies. .</ P> <P> However, insiders pointed out that the circulation time to enhance management of state-owned shares of listed companies has not yet written related approaches, network monitoring in this way to wait for documents to be issued to implement it. .Then, may be to establish a national unified real-time monitoring system of state-owned equity transactions. .</ P> <P> SASAC statistics showed that as at June 30, the National 837 state-controlled listed companies, there are 735 completed or ongoing split share reform, accounting for 87.8%. .Speed up the drafting of state-owned shares of listed companies tradable era management practices, as regulators put in front of an important topic. .The industry suggested that reform of state-owned holding listed shares, if the low proportion of state-owned shares will not be conducive to maintaining the holding position, plus some companies may be re-financing requirements, requiring a minimum stake of specific claims. .</ P>.

No comments:

Post a Comment