Card inspect can strengthen blow to involve the improper action that publicizes raise capital by floating shares first

On May 20, 2021

Negotiable securities and control commission of futures general affairs (card inspect is met) couplet combines exchange limited company with Hong Kong (couplet reachs place) , intensify cooperative blow involving new appear on the market the improper of the company and iniquity. Card inspect can hand in place to issue associated statement today with couplet, elaborate a few issues that publish the discovery in project of raise capital by floating shares first in the near future, and in the center the circumstance shows the likelihood does not have enough investor to be interested in the project truly, make a person oppugn concerned share to whether have an open, market that has order and fairness (note 1) .

Certain make public project of raise capital by floating shares to just may be satisfied in order to be not true means first appear on the market first regulation, enrol share high share price allocation to grant to get control with be being held in the palm for example bear match a person, jie in order to satisfy " advocate board appear on the market regular " regulation of medium market prise of 500 million yuan of lowest. Other and doubtful arrangement is to be in it seems that can operate in the future the market of concerned share (if pass through " sing tall bulk cargo " plan) and make (note 2) .

Card inspect also can notice couplet handed in place to be published today about increase advocate board the to seek advice that gain provides summarizes a document. This meeting support couplet hands in place to divide strategy according to its section of the market, according to advocate board fixed position comes the gain requirement with appropriate set, jie pledges with keeping Hong Kong stock market the act of element.

Card inspect meets CEO Mr Oudali (Mr Ashley Alder) express: "Participate in what publish process of raise capital by floating shares first to appear on the market the qualitative white that applicant and orgnaization are keeping Hong Kong stock market and clean-fingered and steady side, take on important role. The associated statement that issues today shows our determination blow is new appear on the market the market improper behavior of the company, and if early-warning evidence shows,make public project of raise capital by floating shares to be interested first to some truly without enough investor, we take none hesitant the action. Before ordering gain requirement become effective newly, we forecast the profit that pays close attention to enterprising of those have the aid of particularly those who will support its to anticipate appraise is worth is new appear on the market application. We forecast the profit that pays close attention to enterprising of those have the aid of particularly those who will support its to anticipate appraise is worth is new appear on the market application..

Regard in the light of the iniquity as the one part of extraction superintendency the way to deal with a situation, we are uptodate strengthening those who examine occurrence early-warning evidence to the problem applies for. When having need, two superintendency orgnaizations will use his to superintend influence, object or reject some application.

In addition, card inspect is handing in a close cooperation with couplet, strict postmortem appears on the market every the applicant's appraise is worth (if its city is filled with rate and appear on the market a person of same business is compared) , mix in order to evaluate about lowermost market prise other appear on the market first of the regulation close compasses case.

Card inspect already also can be strengthened censorial the orgnaization that participates in the book-keeping that makes public raise capital by floating shares first to build archives to reach activity matching carry out, what will have a problem to those involving is new appear on the market the orgnaization of the company undertakes inspecting deep,

Be over

Remarks:

1.The associated statement that issues today elaborated the likelihood that in the near future the place in making public project of raise capital by floating shares first goes to alertly to belong to " early-warning evidence " common problem, include in the center:

• The market prise when appearing on the market is accorded with merely " advocate board appear on the market regular " in 500 million yuan or " GEM appears on the market regular " in 150 million yuan lowest doorsill;
• With appear on the market photograph of a person of same business is compared, city is filled with rate is very high;
• Singularly has exclusive selling rights market prise of commission ─ ─ makes public project of raise capital by floating shares under 600 million yuan to be at the average rate 2020 first exaltedly 12% (2017 4% ) ─ ─ etc appears on the market expenditure, rose to get control bear the possibility that matchs a person to offer a commission; Reach
• Equity height is centered.

2.In " sing tall bulk cargo " in the plan, the price of some stock pushs blackleg general artificially to reach the investor that uses self-righting of gregarious media prevail on to have bluff somebody into giving information high to be bought with high price, sell the share next go out or " undersell " plan to make money, bring send share price to drop greatly. Card inspect can be in what print sent in September 2020 " execute the law communication " in those who tell about these fraud run mode, and offer a few prevent cheat stick person.

Newer finally date on May 20, 2021

(Turn from inspect of Hong Kong card message of meeting government website)