To remove the requirement that the borrowed stocks have to be returned to the lender within 12 months after the stocks are borrowed under the stock borrowing and lending relief and to simplify the procedures for claiming exemption 修訂證券借貸寬免條文,以取消被借用證券須在借用后12個(gè)月內(nèi)交還借出人的規(guī)定,及簡(jiǎn)化申請(qǐng)豁免的程序。
In the fourth chapter , by the theoretic and comparison , a series of methods improving the venture capital mechanism in china have been put forward , such as : enlarging the financing source , setting up the multi - level financing system , developing more efficient and incentive organization form such as . fund form and limited partnership form . improving the risk control and strengthening management after investment . besides these methods , we should develop different way to reclaim the capital , such as going on the stock market through purchasing or borrowing stock shell and enterprise repurchase , the property exchange market and otc market are also considerable 如:進(jìn)一步擴(kuò)大風(fēng)險(xiǎn)資本來(lái)源,建立多層次的資本來(lái)源體系;在組織形式上,目前以公司制為主,待條件成熟時(shí)積極發(fā)展運(yùn)作效率更高、激勵(lì)機(jī)制更強(qiáng)的基金制和有限合伙制;加強(qiáng)投資后的管理,改善對(duì)投資風(fēng)險(xiǎn)的控制;在退出機(jī)制上,提出了應(yīng)積極發(fā)展買殼上市和借殼上市、企業(yè)回購(gòu)、通過(guò)產(chǎn)權(quán)交易市場(chǎng)和場(chǎng)外交易市場(chǎng)退出等多種退出方式。