Strengthen the IPO chain gatekeeper, four major news worth paying attention to today (227）！
1. Shanghai and Shenzhen Stock Exchanges: Strengthen the monitoring and analysis of quantitative trading, especially high-frequency trading, and focus on monitoring.
Now it is different from before, in the past, the village voice market will be **, and now the village voice can indeed boost the self-confidence of the people in the village. At present, securities lending has recovered as soon as possible, quantitative leverage has been cancelled, supervision is strict, and the momentum of shorting has weakened, and we dare not short. The increasing cost of illegal acts such as market manipulation and financial fraud is conducive to the continuous exertion of market power.
Is a pre-profit company listed to raise capital for the company or to provide investors with investment opportunities? If the company is not profitable, how to repay investors, isn't this back to the state of the financing market, the old way of providing financing services for issuers!
2. The number of IPO terminations this year increased to 46, of which 45 withdrew materials to terminate IPOs, accounting for 9783%, almost suspended!
As can be seen from the above data, the quality of the previous proposed IPO is indeed not good, and after the new chairman of the China Securities Regulatory Commission took office, he immediately imposed sanctions on the companies that canceled the IPO, and the amount of the proposed IPO also increased. Nice. reached 165 billion yuan. Involving false postings. Even if the IPO is withdrawn, there will be a hefty fine. The China Securities Regulatory Commission said that it will pay more attention to strict IPO access, improve the quality of issuers from the source, and pay more attention to the whole chain of issuance and listing review and supervision. The China Securities Regulatory Commission, stock exchanges and local institutions will strengthen the supervision of issuance and listing, and consolidate the main responsibilities of issuers and the "gatekeepers" of intermediaries.
The symposium sent a strong signal that the IPO review is becoming more and more stringent. At the beginning of this year, the signs of strict regulation were clear.
3. The China Securities Regulatory Commission held its first press conference after the Spring Festival. With the theme of "Maintaining Market Order and Protecting the Legitimate Rights and Interests of Investors", the conference released five major measures that directly shocked 200 million shareholders.
1. Intensify the crackdown on illegal acts, especially the illegal acts of issuers, actual controllers, and cooperative institutions;
2. Crack down on market manipulation, insider trading and other behaviors, strengthen the connection between information disclosure and transaction supervision, and achieve appropriate and efficient crackdowns.
3. Intensify law enforcement and adapt to the new law. The damage caused by the violation will be even greater.
4. Increase the transparency of law enforcement, achieve "zero tolerance" in law enforcement, immediately find regulatory loopholes, and improve the system.
5. Continue to strengthen the control of the IPO chain, and all listed companies will continue to be subject to the supervision of the China Securities Regulatory Commission.
Fourth, after the Shanghai Composite Index hit 3,000 points strongly** for eight consecutive trading days, market sentiment quickly recovered, and investor confidence basically recovered.
While they are becoming more optimistic, they also have higher expectations for the market outlook. However, sticking to the 3,000-point mark, the continuous upward trend still needs multi-party support, and with the weakening of the real estate market, the contradiction of economic fundamentals may not be effectively resolved, and we must be patient and wait for the greater market trend. For investors, strategic allocation is likely to continue, but swing investors should pay attention to the pace of the market.