Monitoring The Bottom Of The Network Or Relaxing The Conditions Of Local Listing

< p > < strong > many a href= "http:// www.sjfzxm.com/news/index_c.asp" > net enterprise < /a > domestic listing intention strongly < /strong > /p >

< p > "Jingdong, Alibaba and other well-known Internet companies have been listed in the US, which is a great shock to the high level, and is expected to accelerate the pace of domestic listing of deficit net enterprises."

A deep industry insider close to the regulatory department told the Securities Times reporter.

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< p > this person disclosed that the regulatory authorities were conscious of the continuous loss of resources listed on the domestic high quality Internet companies, especially after the launch of the domestic gem.

Song Liping, general manager of the Shenzhen Stock Exchange, also said that the loss of overseas leading enterprises in the Internet industry is a serious lesson and should not be repeated in the future.

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< p > the Securities Times reporter learned from the people concerned that at present, the regulators set up a special technology group to make a thorough investigation of the loss making network enterprises and high-tech enterprises' domestic gem.

"Members of the technology group specially absorbed researchers from the Internet industry in order to better understand the industry problems, collect policy demands, and provide support and support for the follow-up of specific policies."

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< p > it is reported that recently, the technology group has concentrated research in Beijing, Shanghai, Shenzhen and other places. Some of the venture capital institutions that have invested heavily in the Internet industry, such as IDG capital, Kai Penghua surplus, Qiming venture capital, have all received the information from the technology group that recommends Internet companies with development prospects.

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< p > in addition to the Venture Capital Research Institute, on some occasions, regulators also asked the relevant enterprises to seek wisdom support for promoting the domestic listing of deficit net enterprises.

In an internal seminar organized by the capital market institute, the person in charge of the well-known electric business enterprise also suggested to the relevant people of the Shenzhen stock exchange that "ask questions" should relax the profit requirement and introduce more indicators that meet the characteristics of the Internet enterprise, such as the scale, gross margin and product coverage.

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From the bottom of the situation, many Internet companies have strong desire to list in the domestic market. Some enterprises have been revising the VIE structure to prepare for the return of domestic listing, especially in the game industry, because foreign a href= "http:// www.sjfzxm.com/news/index_c.asp" > valuations < /a > relatively low, and have strong desire to return to the domestic capital market. P

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At the same time, some Internet Co hold a wait-and-see attitude, hoping that regulators will schedule the timetable for the domestic listing of deficit net enterprises as soon as possible so as to clarify the expected domestic listing of P.

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< p > < strong > reserve loss network enterprise < a href= "http:// www.sjfzxm.com/news/index_c.asp" > Listing resources < /a > /strong > /p >

< p > a spokesman for the securities and Futures Commission said at a regular press conference in March this year, the regulatory authorities have been pushing ahead with the arrangement of access measures for unprofitable Internet companies and technology companies, but objective conditions and subjective conditions are not satisfactory at present.

For example, the question of profit is required by the securities law.

For the Internet and hi-tech enterprises, it is still difficult to reach a consensus in the process of discussion. Therefore, the SFC believes that further investigation is needed before we can understand and unify it.

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< p > information shows that the relevant work is steadily advancing.

Securities Times reporter learned from the latest concerned, the SFC on the basis of research, ask the Shenzhen Stock Exchange as soon as possible to reserve a group of temporarily not profitable, but has the development prospect of Internet enterprises.

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P, who is close to regulators, has confirmed the above news. He said that regulators are indeed studying Internet companies in intensive research, collecting opinions and suggestions on their listing intention and policy demands on domestic gem, and intending to reserve a number of listed resources of loss net enterprises after completion of the investigation.

The target enterprise has a certain scale requirement. The 100 million year revenue threshold that had been widely used for a long time was indeed in it. "Special quality enterprises can be relaxed to about 50 million yuan."

In addition, we need to consider whether there are mature business models, business maturity and scientific definition of whether it belongs to the Internet industry or not.

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< p > however, there is no more definite information about whether to open a green channel for the listed companies on the domestic gem market specifically.

People close to the regulators say that there is no clear listing of special channels. At present, they are only required to reserve resources on the market.

For Internet companies intending to list in China, it is best to make a forward-looking arrangement in terms of organizational structure and absorption of venture capital, so as to avoid taking a detour.

And entering the stock market of deficit net enterprises, it is expected to seize the opportunity of listing in the future.

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