论文部分内容阅读
回购B股,成本较低,且有利于提升股票投资价值,增强市场对股市的信心,对探索资本市场外汇改革有着重要的现实意义。2012年以来,多家上市公司陆续启动了B股(外资股)回购业务。上市公司开展B股回购业务,对企业本身的形象、交易市场的活跃以及监管部门的创新都有一定的积极影响。但由于我国目前对B股回购业务缺乏相应规定尤其是外汇管理规定,容易滋生内幕交易以及产生财务风险与政策风险,因此,B股回购业务引起的正面影响与负面问题均应予以关注。
Repurchase of B shares, lower cost, and help to enhance the value of stock investment and enhance market confidence in the stock market, exploration of foreign exchange reform in the capital market has important practical significance. Since 2012, a number of listed companies have started the B share (foreign share) repurchase business. Listed companies to carry out B-share repurchase business, the image of the enterprise itself, the active trading market and regulatory innovation have a certain positive impact. However, due to the current lack of corresponding rules on B share repurchase business in China, especially the foreign exchange regulations, which are prone to breach of insider trading and financial risks and policy risks, the positive and negative problems caused by the B share repurchase business should be concerned.