Yao Gang: is studying A-share listed companies outside the.

A share listed companies outside <P> is a hot topic recently. .February 28, just appointed Vice-Chairman of the SFC, Yao Gang, organized by the National Social Security Fund Council, "2008 International Symposium on pensions," said the first public appearance, the Commission is studying the A-share listed companies in foreign matters .. .</ P> <P> It http:// hearing, Yao Gang, said foreign companies listed in Shanghai and Shenzhen Stock Exchange, and now can not be successfully achieved, in accordance with our current "Securities Law" and "Company Law" the relevant provisions of .there are still some legal obstacles. .</ P> <P> Yao Gang, said: "We are now actively studying how through the development of relevant rules, and promote the work of a substantial step forward. I believe that after these laws and regulations solve the problem, foreign companies .China's capital markets will be realized. "</ P> <P> financing of the recent stock market is the most important factor. .Yao Gang that financing should be determined based on market conditions. .Last year, China's stock market continued to rise, raising highest in the world. .If the stock market continue to rise this year, if the scale of the financing will maintain a rapid growth rate. .</ P> <P> "If the market condition is not good, market discipline mechanism will work, such as poor market conditions in January of this year, the Hong Kong market a lot of financing for the delay, and this is normal. Depends on the market .situation, by investors and issuers to determine their own. "Yao Gang said. .</ P> <P> the same time, Yao Gang said that as the current trend of financial globalization is more obvious, but also to further promote the development and growth of institutional investors, institutional investors continue to improve the overall quality. .</ P> <P> "to develop and grow the overall size of institutional investors to further optimize the structure of institutional investors continue to expand insurance, annuity and pension fund investment assets ratio and size of the market, encourage and guide to pensions for the .represent long-term institutional investors to enter the capital market to raise social security funds in the market the depth and breadth. "Yao Gang said. .</ P> <P> Yao Gang also indicated that it would continue to strengthen market infrastructure, improve the external environment for the development of institutional investors. .</ P>.