SFC: No Single Gem Registration System Has Been Studied.

"The SFC has never studied the registration system of the second board alone, and there is no arrangement for the overall review of the growth enterprise market in March 1st. There is no question of arranging the main board and the small and medium-sized board to make arrangements again."

In February 26th, a spokesman for the securities and Futures Commission, Deng Ge, said in February 26th that "the gem will cease to be audited from March 1st, and the subsequent response will be made according to the rumor that the registration system is implemented and the main board and the medium and small boards are not yet scheduled to make arrangements again."

He also said that

We strongly condemn these irresponsible false rumors and reiterate that it is illegal to fabricate and spread stock market rumors. The SFC has investigated and announced a number of typical cases, which will further intensify the attack.

The intensity of rumors.

At the same time, the SFC will strengthen public opinion monitoring and clarify false rumors in time.

"To remind investors to pay attention to the information issued by the SFC, do not spread rumors, do not believe in rumours, and improve self protection."

Deng Ge said.

For the latest development of registration system, Deng Ge responded.

Reform is the direction of China's capital market reform. The design of the reform system must give full consideration to the environment and conditions of our market.

The authorization decision made by the NPC provides a legal basis for the preparation of the registration system reform.

The SFC will study and formulate specialized departmental rules, information disclosure standards and normative documents in accordance with the procedures, and systematically establish a registration system.

"This work needs a long time process.

In the process, the SFC will fully communicate with all parties in the market and build consensus and form a joint force of reform.

Before that, the rules for accepting and reviewing new issues remain unchanged and procedures remain unchanged.

Deng Ge said.

For the question of whether Fang Zheng securities will lift the temporary restrictions on securities trading before the 29 day, whether it means a comprehensive lifting of the ban on securities lending pactions, Deng Ge introduced, according to Fangzheng securities, in early July 2015, the company suspended the provision of margin trading services to customers according to the market and its own situation at that time.

In February 24, 2016, the company informed customers through its website that it would lift the temporary restrictions on securities trading before February 29th.

"The suspension or resumption of margin trading of Founder Securities is an independent business activity of the company. The securities and Futures Commission has not made relevant requirements for securities companies."

Deng Ge said.

He also introduced that in August 3, 2015, the Shanghai and Shenzhen Stock Exchange revised the business rules, which stipulates that investors can repay the securities after they have been sold since the next trading day.

As of February 24, 2016, the total market margin amounted to 2 billion 300 million yuan, and the margin trading volume was 120 million yuan, accounting for only 2/10000 of the total market volume.