• The State Council of China has issued new guidelines, known as the "new 'National Nine Articles'", aimed at enhancing supervision and risk prevention to promote high-quality development in the capital market. This includes full-chain management from listing to delisting, increased regulation of market institutions, and strengthened oversight of algorithmic and high-frequency trading to ensure market fairness.
• To implement these guidelines, the China Securities Regulatory Commission (CSRC) has released several draft rules, and stock exchanges are revising their business rules, forming a "1+N+X" policy system. These measures address issues revealed by stock market fluctuations since August 2023 and aim to resolve long-standing contradictions in the capital market.
• The new regulations emphasize stricter IPO standards, including higher thresholds for profitability and revenue on main boards and growth boards, while also focusing on improving company quality through rigorous entry barriers. This approach is expected to impact the scale of equity financing in 2024 significantly, with projections suggesting a substantial decrease compared to 2023.

推动资本市场高质量发展，既要解决长期积累的深层矛盾，也要更尊重市场规律，真正把选择权交给市场

【本文系数据通用户提前专享】推动资本市场高质量发展，既要解决长期积累的深层矛盾，也要更尊重市场规律，真正把选择权交给市场

此前交易所仅对分红比例超过50%以上的公司给予再融资和并购重组的绿色通道待遇

随着中国经济转型，原来某些高成长行业渐次步入成熟期，他们为保持在资本市场的吸引力和融资渠道，将会明显提高现金分红比率

当年盈亏不再成为分红的参考指标；期末可供分配利润，指基金期末资产负债表中未分配利润与未分配利润中已实现收益的孰低数

今年以来引发争议但又被淡化处理的基金分红问题，受到了法律界人士和投资者的挑战

浙江地下钱庄无缘小额贷款公司试点；中国首个国家公园获批；一中药注射液因致死停售；全球降息大潮即将到来；电价酝酿再次上调

东京交易所首只中国股将被摘牌；中国民用核设施应急水平级；李克强拍板电价提前调涨；加拿大首次向中国遣返经济犯罪嫌疑人