Guiding listed companies to strengthen market value management has become an important work content of the CSRC, SASAC and other departments. Recently, the CSRC issued the No.10 Supervision Guideline for Listed Companies-Market Value Management, which requires listed companies to improve their operating efficiency and profitability on the basis of improving the company's quality, and to use merger and acquisition, equity incentive, employee stock ownership plan, cash dividend, investor relationship management, information disclosure and share repurchase in accordance with the actual situation in accordance with the law to promote the investment value of listed companies to reasonably reflect the quality of listed companies. The State-owned Assets Supervision and Administration Commission of the State Council said that it would "further study the incorporation of market value management into the performance appraisal of the heads of central enterprises".In the long run, to boost the confidence of investors in the capital market, it is necessary to ensure the supply of high-quality listed companies, encourage listed companies to buy back and increase their holdings, strengthen market value management, and better return investors.Increase the medium and long-term capital entering the market, and improve the expected management mechanism ... Recently, measures to stabilize the capital market and boost investors' confidence have continued to be introduced, and more attention has been paid to system integration and coordination.
(Profile picture, issued by Xinhua News Agency)Xinhua News Agency, Beijing, December 10 th, china securities journal published an article on the 10 th, "Re-synergy and cohesion to boost stock market confidence."Xinhua News Agency, Beijing, December 10 th, china securities journal published an article on the 10 th, "Re-synergy and cohesion to boost stock market confidence."
Deepening the coordination between the central and inter-ministerial departments, intensifying the joint crackdown on securities and futures crimes, and consistently exercising strict supervision and management are powerful guarantees for promoting the healthy development of the capital market and boosting investors' confidence.It is also an important measure to improve the expected management mechanism and incorporate the impact assessment of major economic or non-economic policies on the capital market into the framework of macro-policy orientation consistency assessment, so as to exert the joint efforts of many parties and enhance the internal stability of the capital market. Tian Xuan, president of Tsinghua University National Finance Research Institute, suggested that in the stage of macro-policy-making, we should establish and improve the communication mechanism between policymakers and relevant parties to prevent policy misinterpretation from the source; At the same time, pay attention to market information, establish a long-term policy consultation feedback mechanism between the government and enterprises, and improve policy predictability.
Strategy guide
Strategy guide