Monday, April 9, 2012

tera power leveling such as attempting to issue bonds in mergers - USR

129770904105000000_27Financial crisis, European debt crisis is tipping overseas Chinese Enterprise bottom impulses. According to the Center for Kiyoshina research data show, 2011 merger and acquisition of Chinese enterprises overseas trading volume rose 93%. In 2012 the last two months, overseas mergers and acquisitions global merger and acquisition of Chinese enterprises 13% of the total number of cases, transaction amount in total acquisition amounts 65.7%.Although rapid growth, but outside mature market compared to the cross-border merger and acquisition of certain gaps still exist.  For example, almost two years of cross-border merger and acquisition of Chinese enterprises deal with inside and outside the enterprise in China compared to merger and acquisition transactions, transactions accounted for an average of more than 19%, but outside mature market share is 30%. In addition to talent, and external factors such as geographical and cultural gaps, system spaceStenosis is also conditioned by the enterprises in China's "going out" pace.  This outstanding performance for overseas mergers and acquisitions approval, and an approval cycle long; the higher the threshold for review materials require a strict,; financing difficult, costly service lacking, detours, etc. "Approval process too many, tedious and lengthy, it is not a question for nearly two years before, have been such a problem exists. Chinese enterprises ';Going out ' to multiple sectors such as approval by the national development and Reform Commission and Ministry of Commerce in General, mergers and acquisitions, time is the most important, maybe approval out, lily is cool.  "Duiwaijingmaodaxue international investment Research Director Feng Pengcheng told Chinese reporters said in an interview with the Sankei Shimbun. CPPCC National Committee members tera gold, when Li Li Lixin, Chairman of the group, and in foreign investment, small and medium-sizedBusiness enterprise financing is also more prominent. China import and export Bank of national policies, such as concessional loans are often only interested in more than US $ 10 million project, national "going out" most of the support policies for big projects, but the investment projects of small and medium-sized enterprises are generally below $ 5 million, the force is difficult to enjoy the policy to support private enterprises can only rely on commercial bankLoan cost is relatively high.  Feng Pengcheng, although many policies have been introduced in China, but compared to many developed countries, there is a big difference, for example on the financial means of support, information and policy on the support of, these are not enough. Huang nubo, zhongkun Group Chairman, admitted in a media interview, "I don't see the Government's support. Get outsideSinks, they are in no hurry, but business quickly, '; going out ' to spend money. This complex, lips says encouraged, but nothing. "In order to encourage Chinese enterprises to seize the opportunity to succeed if" going out ", it is learned that the Ministry of Commerce is currently developing private enterprises" going out "of the implementation details. So, what kind of rules for the implementation ofIs the enterprise need?  We may wish to listen to the voice of the enterprise, as well as experts. First of all, Li Lixin proposals, simplifying approval procedures, foreign investment approval system gradually changed to the registration of the private enterprise system, change from prior approval ex post facto monitoring; policy to force, set up private enterprises or small and medium enterprises to develop overseas investment funds, earmarked, and hoped that countries introduced at an early date, "foreign investment promotion Act"And other related laws, provisions relate specifically to the legal status of investors and, for overseas investment of Chinese enterprises to create an enabling legal environment and comprehensive support conditions. Pengcheng from government service, as well as on the financial innovation of Feng put forward their views, in his view, the Government should sound "go" of the public service system, setting up enterprises "going out" service platform, provides the borderOuter Guide tera power leveling, project consulting, and other system services.  On financial innovation, such as attempting to issue bonds in mergers, introduced a wide range of flexible form of guarantee. Commission inspector and Deputy Director of listed ouyangzehua proposals, improving the selection criteria, and specifically a certain amount of cross-border merger does not require approval of the change made by the national development and Reform Commission and local departments. In the cross-border exchange mergers and acquisitions,Difference between active foreign investment within Active mergers and acquisitions of enterprises outside enterprises and enterprises in both, and cross-border share exchange merger restrictions relaxed. Qing Chen Congwei, analyst at research center told the reporter interview with Sankei Shimbun pointed out that in China tera power leveling, with China's enterprises transnational mergers and acquisitions policy continues to be optimized, integrated share swap and financing payments and securities payment will occupy more and more of the market share, Chinese enterprises "going out" during mergers and acquisitions of payment from a single "cash, POT is" gradually towards the diversified development of the coexistence of various payment methods. Others:

No comments:

Post a Comment