Information Disclosure Is A Problem That Needs To Be Squarely Faced.

At the March 12th "two sessions" press conference, Liu Shiyu, chairman of the securities and Futures Commission, "appeared" to respond to the hot issues of market concern.

In addition to the issue of registration system, the "registration system reform will not be a single soldier rush ahead", to the market reassurance, for the market concerns the exit of the certificate company, Liu Shiyu said, in the long term, it is too early to talk about the withdrawal of the card company.

The exit problem of card companies is a problem that many investors are concerned about at present.

In fact, President Liu Shiyu's statement that the company will not quit for a long time will not be unfamiliar with the market, or even very familiar with it.

As early as last August 14th, after the first round of bailout, the SFC issued a notice at the time, saying, "in the next few years, China's securities and financial Limited by Share Ltd will not quit, and its function of stabilizing the market will remain unchanged".

Since the SFC has already made a statement in advance, it means that the certificate company will not quit in the next few years. Why is it that after six months, the withdrawal of the company has become a sensitive market issue, even involving investors?

The main reason is that, with the disclosure of annual reports of Listed Companies in 2015, many investors found that the national team represented by certification companies had the phenomenon of selling stocks.

If there is a Xu Caiyuan named

It was found that the data disclosed by March 3, 2016 showed that the national team withdrew or withdrew from at least 30 of the top ten tradable shareholders of the listed companies.

To this end, the investor asked

The implementation of "China's securities and financial Limited by Share Ltd will not quit" in the next few years will be announced.

Did the securities company really sell stocks bought during the stock market crash last year? In this case, investors are more worried and guessing.

Because the shares of the company are viewed from the point of view, some have been pferred to Huijin Company for a long time, some have been pferred to the relevant fund management products, and some stock positions are still held by the certificate company.

Because of this, the reduction of shareholding in the annual report of the listed company does not mean that the certificate company sells.

It can be seen that information disclosure is a problem that needs to be squarely faced in the withdrawal of certification companies.

In fact, in addition to the quarterly and annual reports of listed companies, the company has no corresponding information disclosure, and it is difficult for investors to know the whereabouts of the holding company and whether they are sold.

It is not surprising that the argument that the securities companies sell shares.

In order to avoid unnecessary adverse effects on the market and protect investors' right to know, it is necessary for the company to do well in information disclosure.

Moreover, on the issue of information disclosure, certification companies even need to do a good example of information disclosure.

After all, the company is the "direct company" of the securities and Futures Commission. In recent years, the SFC has always stressed the importance of information disclosure, emphasizing that information disclosure is the center, and as a "company directly under the central government", it should play an exemplary role.

Moreover, when the securities company does not sell shares, its truthful information disclosure can stabilize the army's heart and boost the popularity of the market. Why does it not matter?