Transfer the management care of the new regulations will be postponed to refinance rescue results.

According to legend, the management will soon launch "plans public offering of securities of listed companies" to regulate the refinancing, the SFC has sort out a re-financing behavior of listed companies in the plan, there may be introduced as a policy good. .Analysts said the introduction of good management to have help to keep the market worried about the rescue early results add confidence in the stock market again. .<P> (Http://), a source said on May 12, the SFC authorities recently convened issuance examination committee members, M & A Committee members, brokers and other investment bankers to discuss the issue of refinancing of listed companies, has an initial management .out a "public offering of securities of listed companies plan," A-share market as a series of standardized measures of support, through to the relevant content to further supplement and improve, the "issue plan" is expected to be good as the timely introduction of the policy mix. .</ P> <P> According to the sources, "Plan issued" strict disclosure requirements of re-financing, along with the resolution requirements and the Board of Directors announced the "release plan" includes five elements, namely the public offering of securities program outlines, .The financing need and financing rational analysis, the use of funds raised in this feasibility analysis, this analysis of the impact on the company release, and other necessary matters disclosed. .</ P> <P> the content of the five listed companies required to use for fund-raising feasibility and necessity of analysis, detailed disclosure. .</ P> <P> "release plan" for the repayment to supplement the investment capital and raise funds to do more detailed information to be disclosed. .One fund-raising for the requirements for listed companies to repay bank loans, should specify the amount and detailed analysis of its necessity and the impact on the company's financial position. .</ P> <P> concern is that the "release plan" for the fund-raising for the acquisition of assets of listed companies, in more detailed and stringent requirements. ."Release Plan" clear requirements for the acquisition of assets of the fund-raising for the program, required to disclose basic information of the target assets, with assets of entry into force of a summary of the contract of assignment, and on the rationality of asset pricing discussion and analysis. .In accordance with the relevant provisions of the assets of listed companies to be entered, is divided into non-equity assets and equity assets. .</ P> <P> "release plan" a major asset for the fund-raising for the purchase behavior (ie, the total assets to be purchased or net assets, representing the most recent at the end of the issuer or net assets of consolidated total assets of more than 50%, or intended .purchase of assets, revenue generated the previous year, representing issuers consolidated operating income of the previous year 50%), the listed company shall disclose the assumptions have been completed three years of purchase, and accordingly the preparation of pro forma combined income statement for the first three years, .the end of the previous pro forma combined balance sheet. .</ P> <P> these people said, "issue plans" temporary refinancing does not involve the specific content of the scale. .However, according to a Securities investment bank sources, for a recent fund-raising more than doubled its net assets at the end of the re-financing, regulatory approvals will be more stringent. .</ P> <P> It is reported that the Audit Commission re-financing business line 40 to 50, is near historic lows, equivalent to only line up at home last year, the number of 1 / 3. .Previously, the Commission re-financing for those who openly expressed, the actual distribution of the re-financing credits granted only 20% to 30%. .</ P>.