the old republic power leveling 129667864335146642_58 KRJ

Securities and Futures Commission recently launched the GEM Listing private placement bond, opens the way to finance growth enterprise market follow-up.　　However, according to the Business Journal reporter has learned that at this stage in the actual operation, China growth enterprise market size still faces private placement bonds issued limited guarantees and ratings, and so on. Among them, in accordance with the regulations on corporate bond issuance trial measures, Cumulative balance after the release of corporate bonds shall not exceed a recent issue of the final total net assets of $ 40%, and gem company size is generally smaller in the period of growth, so release lines limited. In this regard, financial management consulting Senior Manager in PricewaterhouseCoopers Tian Pu held yesterday in "Annual Conference of Chinese cash, Treasury and risk management", told reporters, at present China growth enterprise marketBond's biggest problem is that enterprise net was too small, if it can be when enterprises issuing bonds on the gem to appropriately ease restrictions on "corporate bond issuance scale not exceeding a net capital of 40%" limit, it will greatly ease the difficulty of underwriting and issuing. A securities company is responsible for underwriting bonds in Shanghai also said, the company focused on second board companies debt underwriting business, however, by theOn GEM's own performance with high growth issues, may affect its bond rating, part of the growth enterprise market even a-class rating probably does not qualify, brokers may not be "buy it". The brokers said, with the exception of issuing scale and performance fluctuation, security is another problem. Collection relative to SMEs by debt issues are usually local government-backed institution holdingThe first gem company more difficult to find the body to issue bonds for their security.　　It could also push up growth enterprise market of corporate bonds interest rates, which further influenced the issue costs. Some analysts point out that, due to volatile gem company performance, can be added at the time of issuance of a default allow terms of debt into stock rights, take full advantage of listed companies to hedge debt investorsThe potential risks.　　Tian Pu said that current growth enterprise market the old republic power leveling, most of the listed companies in the early Super-raise funds still more, and the new company temporarily not to have more funding needs to be listed, so key to see the future expansion of the pilot demonstration significance to broaden the financing channels. Not optimistic for the current financing environment of the status quo,Pu Ye believed that financing difficult times, businesses first before seeking external financing to fully manage their cash flow. There are now many enterprises-cash flow management is still rough, some private enterprises under multiple bank accounts opened a large number of surplus funds, they cannot focus effectively take full advantage of. Some blind pursuit of market share of SMEs, credit risk managementEnough, thereby exacerbating capital chain tension levels. To deal with external crises Diablo 3 Power Leveling, concept enterprises themselves first of all to increase the cash pool, to reduce the cost of financing.