Shanghai will implement the new "nine national regulations" in this way and take the lead in building a high-quality development demonstration zone for listed companies in the country
On May 22, in order to implement the "Several Opinions of the State Council on Strengthening Supervision and Preventing Risks to Promote High-Quality Development of the Capital Market" and the "1N" policy system of the capital market, the Financial Office of the Shanghai Municipal Party Committee, the Shanghai Securities Regulatory Bureau, and the Shanghai Stock Exchange jointly held a " Shanghai City Mobilization and Deployment Meeting to Implement the New 'Nine National Articles'." Shanghai Vice Mayor Xie Dong attended and delivered a speech, and Qiu Yong, Secretary of the Party Committee and Chairman of the Shanghai Stock Exchange, attended the event.
The meeting pointed out that the new "Nine National Articles" combine long-term and short-term policies, comprehensively implement policies, and form a "1N" policy system together with a series of supporting policies, which is of great significance to promoting the construction of a financial power and serving the overall situation of Chinese-style modernization. Shanghai must, with the guidance and support of the central financial management department, deeply understand the national strategic intentions, accurately grasp policy orientation, better implement national-level requirements, fully cooperate with the implementation of various policy initiatives, work hard to improve the quality of the city's listed companies, and strengthen the We will work hard to protect investors’ rights and interests and cultivate long-term investors, take the lead in creating a high-quality development demonstration zone for listed companies in the country, and accelerate the construction of Shanghai as an international financial center. It is necessary to continue to deepen the "Light of the Pujiang" action, combine the new "National Nine" full-chain supervision requirements, focus on the national key areas of scientific and technological innovation and Shanghai's "" modern industrial system, and focus on the incubation and cultivation of listed companies, sustainable development, enterprise delisting and other key links. , continue to make efforts to further improve the overall quality of listed companies. At the same time, we must continue to strengthen the legal construction of the capital market, build a legal and honest capital market demonstration zone, maintain the bottom line of preventing regional and systemic financial risks, and continue to create a good capital market business environment.
According to the deployment, Shanghai's securities companies, accounting firms, law firms and other intermediary institutions must improve their professional service capabilities and core competitiveness, and effectively play the role of "gatekeepers". Securities companies must benchmark and form first-class investment bank construction requirements, improve Compliance, risk control and professionalism; asset management institutions in Shanghai must "invest long-term," cultivate a market ecosystem for long-term investment, and strive to return investors; equity investment institutions in Shanghai must invest early in small investments in technology, while serving the real economy , play a greater role in promoting scientific and technological innovation.