Abstract
On February 17, 2023, a substantial paradigm shift was ushered into the Chinese capital market as the China Securities Regulatory Commission declared a sweeping reform of the registration system. Under this fresh framework, the success of a company's listing and refinancing endeavors hinges not solely on its own operational vitality but also heavily relies on the expert services extended by a multitude of intermediary institutions. These include securities firms, legal counsel, accounting professionals, and appraisers. This research aims to penetrate the workings of these intermediary bodies, to gain a profound understanding of their pivotal role in the listing and refinancing processes of firms, and their instrumental position in fostering sustained growth and fortification of companies within the capital market. Our investigation endeavors to furnish both practitioners and scholars with a fresh perspective on the function of intermediary institutions amidst the backdrop of capital market transformations. The goal is to spur more effective and transparent market operations.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.