60 Companies Do Not Work Properly; &Nbsp; 20 Billion Capital.

The listed companies, accustomed to asking for money from the stock market, have become "money masters" in the financial market.

according to

Taking stock of these companies' investment behavior, the reporters found several characteristics:

The first is "

Secondly, in order to avoid regulation, listed companies prefer to use the "single capital trust" mode when they invest in financial products.

The biggest feature of the model is privacy, which almost circumvented all regulation.

Most of the conch 4 billion financial management plan belongs to this mode.

In August 24th, the 1 billion 300 million yuan purchase plan of financial products disclosed by Shaanxi drum power company also had 800 million yuan to invest in a single capital trust scheme.

Third, ignoring risks and disclosing the situation of financial products purchased are not clear. Many companies do not disclose details even in semi annual reports.

Some of the funds went to the risky real estate sector.

Under the condition of tighter regulation, listed companies are still buying financial products in a big way, which not only reflects the gloomy industrial management environment, but also highlights some companies' weakness in wind control.

According to Zhang Yuanzhong, director of Beijing inquiry law firm, the CBRC stipulates that bank financing products are absolutely not allowed to guarantee the yield. Therefore, once a loss occurs, the relevant banks or trust companies will not be held responsible, and the main risk liability will fall on the purchasers.

It can be seen that the listed companies take it for granted that the "low risk" of financial products is neither strict logical argument nor basic legal protection.

It can be speculated that such a reckless investment behavior is not ignorant or fearless, but a financial paction.

It is gratifying to note that these "reckless financial management" and the risks behind them have attracted the attention of the relevant departments.

The Shenzhen Stock Exchange has recently started from information disclosure and strengthened the financial supervision of small and medium-sized listed companies. Besides putting all investments into the scope of disclosure, the listed companies should also establish a sound internal control system before conducting venture capital.

Analysts predict that the Shenzhen Stock Exchange will not rule out the possibility of expanding the new regulation.