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面对上市诱惑,企业到底是选择将其拆分为上市公司和集团公司以实现优质资产上市,还是通过股份制改革形成多元投资主体并在境内外资本市场上市(即企业整体上市)?此前中国建设银行的分立和TCL主营业务的重组上市,似乎用行动印证着:后者才是明智之选,整体上市渐成热潮。 面对上市诱惑,企业到底是选择将其拆分为上市公司和集团公司以实现优质资产上市,还是通过股份制改革形成多元投资主体并在境内外资本市场上市(即企业整体上市)?此前中国建设银行的分立和TCL主营业务的重组上市,似乎用行动印证着:后者才是明智之选,整体上市渐成热潮。 国务院国有资产监督管理委员会研究室季晓南主任,在“中国资本市场创新发展与企业融资创新”论坛上的发言,也透露出一个信息:企业整体上市为企业重组改制提供了一个新模式,是资本市场实现金融创新的一个新选择,应鼓励和支持符合条件的大型国有企业积极探索整体上市的途径和方式。 季晓南在发言中指出,目前大型企业集团层面的股份制改革和重组上市的序幕已经拉开,我国企业的股份制从此面临一个新的阶段,而下一步股份制改革的重点应是推进符合条件的大型国有企业,进行真正意义上的整体上市。 他从五个方面例举了推进企业整体上市是深化国有企业改革和完善资本市场的重大?
In the face of the temptation of listing, in the end is the enterprise choose to split it into listed companies and group companies in order to achieve the listing of high-quality assets, or formed a diversified investment body through joint-stock reform and listed in the domestic and overseas capital markets (that is, the overall listing of enterprises) The separation of banks and the reorganization of the main business of TCL listed seems to confirm with the action: the latter is the wise choice, the overall market gradually into a boom. In the face of the temptation of listing, in the end is the enterprise choose to split it into listed companies and group companies in order to achieve the listing of high-quality assets, or formed a diversified investment body through joint-stock reform and listed in the domestic and overseas capital markets (that is, the overall listing of enterprises) The separation of banks and the reorganization of the main business of TCL listed seems to confirm with the action: the latter is the wise choice, the overall market gradually into a boom. Qu Xiaonan, director of the State-owned Assets Supervision and Administration Commission of the State Council, made a speech at the forum on “Innovative Development of China’s Capital Market and Innovation of Corporate Finance”, which also revealed a message that the overall listing of enterprises provides a new model for the reorganization and restructuring of enterprises and is the capital market A new option for financial innovation should encourage and support qualified large state-owned enterprises to actively explore the ways and means of listing as a whole. In his speech, Ji Xiaonan pointed out: At the moment, the prelude to joint-stock reform and restructuring of large enterprise groups has been opened. The shareholding system of Chinese enterprises has since faced a new phase. The focus of the next joint-stock reform should be to promote large state-owned enterprises , The overall real market. He cited five aspects of promoting the overall listing of enterprises is to deepen the reform of state-owned enterprises and improve the capital market major?