论文部分内容阅读
紧锣密鼓进行的新三板扩容和场外市场建设。这一场改革必须直面许多问题,核心问题是要有转板机制。融资功能弱、交易不活跃、企业挂牌动力不足等等问题。而核心问题是转板机制的建立。目前挂牌交易的企业多是受到当地园区支持,如无政府鼓励,小企业很难有动力“贴”钱挂牌。事实上,挂牌之后,融资功能有限。截至2011年底,成立已经三年的重庆股份转让中心OTC挂牌公司也只有50家,全年只有14家企业通过定向增资实现直接融资。而早在
The new third board expansion and over-the-counter market construction in full swing. This reform must face many problems directly. The core issue is to have a transfer mechanism. Financing weak, trading is not active, lack of motivation and other issues listed companies. The core issue is the establishment of transfer mechanism. Currently listed transactions are mostly supported by the local park business, if there is no government encouragement, it is difficult for small businesses to have motivation. In fact, after the listing, the financing function is limited. As of the end of 2011, there were only 50 OTC listed companies in Chongqing Share Transfer Center, which has been established for three years. Only 14 enterprises throughout the year achieved direct financing through directional capital increase. And as early as