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一晃眼,8年过去了,二板仍在襁褓之中。1996年,深交所就已经讨论在深圳设立特别交易系统的可行性;1999年1月,深交所向中国证监会正式呈送了《成长板市场方案立项报告》,并附送了实施方案。2000年10月,在认为创业板开设大局已定的情况下,深交所宣布停发新股,时到如今,曾经聚讼纷纭的二板依然是“只听楼梯响,不见人下来”。2003年,创办二板的呼声再起。3月5日,一份《关于尽快推出创业板市场的议案》,提交给了全国人大十届一次会议,引来众多全国人大代表和著名经济学家的附议。“二板”再成焦点。一方面,国内创业型企业急需资金,二板的开出对疏通高增长企业融资渠道意义重大。而另一方面,二板一旦出台,主板股价势必暴跌,会给沪深股市乃至香港创业板造成巨大冲击,所以尽管二板并没有错,但面对主板骏本结构不规范的现实,二板既要求稳,又不想分流主板资金,还能增加融资的速度和容量,实非易事。目前拟定的方案能带来两全齐美,又没有太大风险的“完美风暴”码?
A blink of an eye, eight years later, the second board is still shackled. In 1996, the Shenzhen Stock Exchange had already discussed the feasibility of setting up a special trading system in Shenzhen. In January 1999, the Shenzhen Stock Exchange formally presented the “Report on the Development Plan of the Growth Board Market” to China Securities Regulatory Commission and attached the implementation plan. In October 2000, in the opinion of the GEM set the overall situation has been set, the Shenzhen Stock Exchange announced the suspension of new shares, until now, there are still a variety of second board is still “listening to the stairs, not people down.” In 2003, the founding of the second board resurgence. On March 5, a “Proposal on Introducing the GEM as soon as Possible” was submitted to the Tenth National People’s Congress for the first time and attracted many NPC deputies and prominent economists. “Second Board ” and then into focus. On the one hand, the domestic start-up enterprises urgently need funds, and the opening of the second board is of great significance to dredging the financing channels for high-growth enterprises. On the other hand, once the introduction of the second board, the main board is bound to plunge share price, will give the Shanghai and Shenzhen stock markets and even a huge impact on the Hong Kong GEM, so although the second board is not wrong, but the face of the board Jun Gen non-standard reality, the second board Requiring stability, but also do not want to divert capital funds, but also increase the speed and capacity for financing, it is not easy. The proposed program can bring both Qi and the United States, but also not much risk “perfect storm” code?