CSRC Offers Training Course on Listing Rules

The training courses hosted by China Securities Regulatory Commission (CSR) and Shenzhen Stock Exchange (SZSE) on listing rules concluded recently in Harbin, capital city of the northeastern Heilongjiang province.

The move is one of the major steps taken by CSRC to step up regulation on listed companies.

There are more than 30 listed companies in Heilongjiang. They have become a prime engine for regional economic growth.

CSRC's Harbin Special Office vice director Lu Rusheng and SZSE's assistant to general manager Ma Donghao said that listed companies are the corner stone of China's securities market and that standardized operation and self-discipline of listed companies have direct influence on the image and healthy development of listed companies.

According to them, standardized operation and self-discipline not only have much to do with protection of investors, but also are important to the favorable situation of socialist market economy developed since China adopted the reform and open-door policy. Therefore, top priority should be given to strengthening standardized operation of listed companies, they reaffirmed.

In addition, senior officials from CSRC's Listing Department and SZSE and experts from Yuehua Public Accounting Firm also gave special lectures on securities regulatory system and framework, enterprise merger and acquisition, asset restructuring, general meeting of shareholders, and listing rules, etc.

Participants include persons in charge of CSRC's Listing Department, SZSE and CSRC's Harbin Special Office, and chairmen, general managers and board secretaries of listed companies in Harbin. (Panorama)






People's Daily Online --- http://english.peopledaily.com.cn/