Monday, March 12, 2012

wot power leveling as early as last year's "two sessions" period - ILR

129756355808125000_228National People's Congress of China listed company supervision ouyangzehua yesterday, Deputy Director of the Department of the "two sessions" during the said city commercial bank ("firm") IPO (initial public offering listing) auditing standards are still in negotiation, is introduced during the year is difficult to determine. Ouyangzehua said the basic management model and management qualifications for city commercial banksBasic judgement, involving different regulators, at present, in accordance with the procedures of the SFC is further consultations and relevant departments, after the agreed standards, will lead to the audit guidelines. As the city commercial bank auditing guidelines of IPO involves two sectors (that is, banks and securities) coordination, "can this year, hard to say now. "Since 2007, 919th Beijing Bank (Bank of Beijing, 601,169) after the listing, a-share 5 years no firm listed.  According to the SFC to disclose information is displayed, by the end of January, a total of 515 companies to apply to the SFC submitted to the IPO, there are 14 city commercial banks and agro-business clusters. At present, China industrial and commercial bank of the big four State-owned banks and mainRealization of State joint-stock commercial bank has been listed, but local lenders Beijing Bank, Bank of Ningbo listed only a handful. Listing standards for city commercial banks, as early as last year's "two sessions" period, had quoted a city firm Chairman as saying that new spirit by regulators wot power leveling, businesses listed may be combined with the basic criteria of "assets greater than 80 billionNet interest income exceeding 2 billion yuan, "two indicators.  But this year information about the threshold of city commercial banks listed vary widely, there were reports that it would increase to $ 100 billion in assets but also there is another way of saying that will be standard to $ 70 billion in assets. These indicators of capital city queued for securities firms, more than enough. Access to information display, End of December 2009 world of tanks power leveling, huishang bank assets reach $ 160.3 billion; at the end of the first half of 2010, Shanghai Bank's total assets amounted to $ 509 billion; until the end of 2011, Dongguan's banks total assets amounted to 122.623 billion yuan, to the end of June 2011 wot power leveling, Chongqing, total assets of the bank balance of $ 120.13 billion. CPPCC National Committee, Chairman of Bank of Beijing Yan Bing bamboo during two sessions in this appeal concern the "two" (that is, small and medium enterprises and small and medium-sized banks) of collaborative development. He said: "SMEs small and medium banks themselves are banks, generally at discrimination, marginalization of vulnerable situations. "In addition, ouyangzehua also said that this year focused on improving the supervision of listed companies information coveredEffectiveness and pertinence of dew. At present, the guidelines for periodic reports are being modified, modified the focal point is to strengthen the effectiveness of information disclosure. He also mentioned that if the listed companies are not on promises to pay dividends to clarification of listed companies on the one hand, on the other hand, securities institutions would take regulatory constraint on.

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