China News Service, January 12 (Gao Zhimiao) Recently, the incident of Brilliance Automobile Group's corporate bond default has attracted widespread market attention.
On the 12th, the Shanghai Stock Exchange issued a disciplinary decision to publicly condemn Brilliance Automobile Group Holdings Co., Ltd. (hereinafter referred to as Brilliance Group), its chairman and the person in charge of information disclosure.
According to the Shanghai Stock Exchange, although Brilliance Group’s violations are isolated cases, they have a high degree of market attention and large negative impacts, which dampen investors and market confidence to a certain extent, and affect the healthy and orderly development of the bond market. They should be taken seriously in a timely manner in accordance with laws and regulations. deal with.
At present, the credit status of Shanghai bond issuers is generally good, and the overall risk of the bond market is stable and controllable.
The Shanghai Stock Exchange stated that it will adhere to the fundamental goal of the capital market serving the real economy, grasp the dialectical relationship between promoting development and preventing risks, strengthen the legal system of the bond market, continue to improve the risk prevention and control mechanism, optimize the bond market product structure, and steadily promote the high quality of the bond market. development of.
The Shanghai Stock Exchange emphasized that it will resolutely implement the policy of "establishing systems, non-intervention, and zero tolerance", strengthen the legal system of the bond market, and severely crack down on financial fraud, malicious evasion of debt and other serious violations of laws and regulations and damage to market confidence, and maintain the health of the bond market Ecology.
In the next step, the Shanghai Stock Exchange stated that it will improve the entire chain of risk prevention and control mechanisms, consolidate the credit foundation of the Shanghai bond market; optimize the bond product structure, and solidly promote the high-quality development of the Shanghai bond market.
For major violations of laws and regulations, we will follow the requirements of the rule of law and adopt a "zero tolerance" attitude to strictly investigate and deal with them quickly to maintain market credibility.
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