in addition to raise public debt formula P2P has been rapid development, other types of all the chips, such as the class congregation to raise equity, return all the chips, the public class congregation to raise and raise public thought circle Cafe based on the chip mode, although also got certain development, but overall is still in the "thunder and heavy rain a little" state. Well, what problems do Chinese style public offerings actually exist?
is introduced Chinese mode all the chips, the rapid integration of China elements from the first China Kickstarter platform to raise the public – named time to now dozens of the congregation raised platform, different degrees of transformation and innovation, has been with the United States to raise public platform has more obvious differences. But compared to other Internet financial model, the public chips are always groping forward, in quiet exploration, the development of relatively slow. In restricting the development of all factors, both China’s existing laws and regulations, but also the whole social environment problems.
on the whole, in addition to raise public debt formula P2P has been rapid development, other types of all the chips, such as the class congregation to raise equity, return all the chips, the public class congregation to raise and raise public thought circle Cafe based on the chip mode, although also got certain development, but the total body seems in the "small talk" state. So, what are the problems with Chinese style public offerings? What are the reasons for the slow growth of Chinese style public offerings?
constraints 1: all the chips in China’s policy, legal environment is not yet mature, many public innovative models and the existing laws and regulations, there are still some conflicts.
April 5, 2012
all the chips in the origin of the United States, the United States, President Obama signed the bill JOBS (called the "law" in 2012 to promote the financing, venture) to further relax the private capital market regulation Act allows small businesses in the financing platform for equity financing, is no longer confined to the real return at the same time, the bill also made some of the provisions to protect the interests of investors. The bill provides that for each project, the scale of financing can not exceed $1 million within 12 months, but also limits the financing of each particular investor, not more than 5% of its annual income. The introduction of the JOBS bill, so that all American chips have legitimate basis for survival, especially for the congregation to raise the public interest in the development of a great role.
But in the
China Chinese, according to law, the public does not support raising equity, bonds, dividends, interest in the form of return projects, otherwise suspected of illegal fund-raising, the original sale of micro media shares in Taobao’s bold attempt was halted regulatory authorities is one example.
in China’s current legal environment, there is little room for equity investors to survive and innovate. Under the existing company law and the Securities Act, public offering of shares to non specific objects, or issues of shares to more than 200 specific objects, without supervision by the regulatory authorities, are public