Stock reform guidelines or as large disk optional machine introduced

The second batch of unit into pilot has ended, but the share-trading reform when fully under way still suspense.

The reporter was informed yesterday, SASAC and the Commission at the end of the second batch of pilot jointly launch comprehensive stock reform guidance and policy changes may occur. SFC's stock reform guidelines or longer depending on the last few days of market movements and optional machine launched, and the State of the unit into guidance likely delayed until mid-September.

Upcoming scenario of listed companies and only stock reform after the publication of the guidelines, you can begin implementing unit instead.

The insider told reporters, SFC last week on the stock reform guidelines had intensive discussions and communication, internal, there have been no small controversy.

The market plummeted last Thursday, may affect the unit into the guidelines introduced date morning reporter Andy Zhang map

"In regulatory capital injection force holding the stock layer, the market appeared on Thursday or crash situation. On the other hand, G unit after the resumption, indeed sing all the way to the regulators great confidence. But we can see that the speculative capital still account for the mainstream. "The source said," for the first two pilots for the success of judgment, and the next unit into direction is the focus of internal disputes. Regulators would like to see more of the second batch of pilot enterprises after the resumption of the trend and performance "," If the market trend, shares changed guidelines or will soon be launched. Once the market continue to decline, the stock reform guidelines may be modified and discussion. ”

It is learnt that the unit into guidelines mainly previous two groups share reform demonstration pilot for the how to Exchange escalation scenarios, transaction when all the permissions, suspension, and so the level of detailed regulations. At the same time, on the special difficulties of how companies have to stock reform. As with h-shares of H stock in companies that do not participate in stock reform, H shareholders do not participate in voting, A unit package do not involve H shareholder interests; B-shares in companies, pure b share company does not participate in the share-trading reform, contains A + b shares of the company with reference to A change of + H unit; ST, * ST company stock reform in combination with restructuring, there is no way to share reform, does not exclude the possibility of requiring their delisting.

There are close to those of the State, said that the second batch of unit into the pilot, after the end of that row is fully under way, the reform of the State requires a good experience, you don't have to hurry to get under way. Therefore, the original intention of the Commission jointly launch comprehensive stock reform policies may be delayed until mid-September.

At the same time, in the State of the related policies did not introduce the State-owned companies before stock reform programmes at present will not be approved. SASAC wants listed companies be able to have some innovative programmes, do not have to take the delivery unit. Especially good for textures, the outstanding performance of listed companies, sent stocks rarely does not represent a programme is not good.

It is said that Shanghai might be a special case. SASAC related sources, Shanghai SASAC and Shanghai Zhengjianju started advancing area of listed shares routed to SASAC's attitude is "full support, strong coordination".