2023-12-01 13:30:11

Yesterday, the People's Bank of China, the General Administration of Financial Supervision, the China Securities Regulatory Commission, the State Administration of Foreign Exchange, the National Development and Reform Commission, the Ministry of Industry and Information Technology, the Ministry of Finance, the All-China Federation of Industry and Commerce and other eight departments jointly issued the "Notice on Strengthening financial support measures to help the development and growth of the private economy", proposing 25 specific measures to support the private economy.

Among them, to better play the role of multi-level capital markets, expand the scale of equity financing of high-quality private enterprises mentioned: "Support private enterprises listed financing and mergers and acquisitions." We will deepen and strengthen the reform of the registration system, and vigorously support the issuance and refinancing of private enterprises. We will support qualified private enterprises to list overseas and make good use of both markets and resources."

At the end of 2022, Sino-US audit supervision cooperation has made significant progress. On March 31, 2023, approved by The State Council, the China Securities Regulatory Commission issued the relevant system rules for the management of overseas listing filings, which will be implemented from March 31, 2023. As of the third quarter, there have been 36 companies listed in the United States, and a number of companies have successfully filed for listing on overseas exchanges such as NASDAQ in the United States. The joint notice of the eight departments once again clarified the keynote of supporting private enterprises to list overseas and helping excellent private enterprises to go global.

This article is compiled by “AGBA”, reprinted or quoted, please indicate the source.