Guangdong: Strongly support companies to go public for financing.
According to the official WeChat account of the People's Government of Guangdong Province, on January 29, the expanded meeting of the Guangdong Provincial Committee's Financial Committee and the provincial financial system work conference were held in Guangzhou. The meeting emphasized the need to actively promote the sustained, rapid and high-quality development of the financial industry in our province. It is necessary to achieve good income growth on the basis of promoting the growth of bank loans, support the insurance industry in strengthening product innovation and playing a greater role, develop and strengthen the securities industry, make good use of the Shenzhen Stock Exchange, Guangdong Futures Exchange, provincial and Shenzhen Qianhai Equity Trading Center, strongly support the listing and financing of enterprises, and actively and steadily develop a wide range of finance and quasi-finance industries. It is crucial to grasp the key role of legal entities, cultivate and introduce more market participants. It is important to strictly control financial risks, make every effort to prevent and control risks in small and medium-sized financial institutions, risks related to real estate companies involved in finance, and severely crack down on illegal financial activities. All localities and relevant departments must conscientiously fulfill their duties, strengthen coordination and linkage, enhance the identification and sharing of abnormal risk information, and ensure early detection, early warning, and early disposal.
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