Just as Internet finance is full of the fantasy of the stock, a basin of cold water poured down, so that everyone thoroughly through the heart of a cool, we can not help but ask, the State Council meeting, agreed to encourage it? My previous article also mentioned that a lot of problems, including legal, system, technical and other issues need to be resolved, but from the China Securities Association issued the "Private equity public financing management measures (trial) (draft)", it seems to see only simple and rough.
First of all, they said that the stock is private equity, so have to follow the private equity, which is tantamount to the requirements of the number of shareholders can not be more than 200, investment projects can not be less than 1 million, that is, must be tall, a small-time to play to me, and both sides of the investment and financing Then, once again, the stock is defined as an information intermediary platform, that is to say, on behalf of the stake, you do not think. 3rd, it is stressed that the platform can not touch the hands of money. Save you from the temptation to roll the money.
But let everybody most cannot endure is, to the investor threshold cognizance. NET assets of more than 10 million units, and have 3 million financial assets of individuals, or you have to pay more than 500,000. Say not yet, still have to come up with real gold and silver assets proof, this is an anti-human ah! Ask, which Gao Shuai, in order to participate in a higher risk of the stock, but also have to squat down to pick up soap, someone else inserted (check) a bottom son off? Predictably, the vast majority of investors will refuse to show proof of assets to the platform, but the income is not high, but also a little extra money of small white-collar workers, willing to play the full night of the hope of the game, they believe that the dream is still to have, in case of realization? However, in accordance with the provisions of the draft, this gang silk is not eligible to play a stake in the public chip. Can imagine, the number of restrictions, the threshold is limited, but also be stripped naked clothes, check a bottom off, this sanbanxi axe cut down, has made the main object of the public, all shot dead in the sand. Moreover, the equity is not allowed to transfer, that is, you can only die, or go to heaven, or go upstairs to the sky, the lack of liquidity, it is difficult to make these high-rich handsome interest. In addition, also said that the platform may not run Peer-to-peer, although it is for risk isolation considerations, but these two industries are more similar, the system, the personnel are also very same, like cold cigarette cigarettes, at most is a convenient thing, peer-to-peer, or the lowest cost of Peer-to-peer, but now the two industries abruptly opened , so that the industry is also very headache. Finally, added a little, not allowed to promote, the platform can only be registered to the real name users of the project information, platform and financiers should not be public publicity, promotion or persuasion. This is a first chicken or the first egg of the philosophy, do not promote the project how can I have a real name registered users, no real name registered users, how do I go to do public raising? Which platform dozen Niang belly with the real name registered users, but also high handsome user born?
In a comprehensive view, this is what is the encouragement of equity, clear is to kill you, and knife saw blood, all cut in the key parts, according to such rules down, the stock of the basic is also castrated into a private equity fund, became a few high handsome, partnership to save money to do business. But also must be that kind of big sale, this with everybody before wants to play of the internet to raise, is completely out, does not get to the edge.
The characteristics of the Internet is that small and dispersed, the force of the crowd. The intention of the stock-raising is also to let the social scattered funds to support the development of small micro-enterprises, to solve the problem of lack of initial funding, to ease the prime minister often hanging on the tip of the financing difficult and financing expensive problems. But if so, basically difficult to produce effect, Ko handsome themselves on the money, there are some investment channels, simply do not look at these small micro-enterprises. It's unthinkable that you have a 500,000-year salary to invest in a chicken farm. So it's a silly and naïve policy to limit investors, as we are very familiar with the stock market, stock index futures set a threshold, financing margin also set a threshold, the purpose is to protect small and medium-sized investors, the result is that people do long short can make money, you can only stare no recruit son ah! Instead, this protection policy has become a policy barrier which has left small and medium investors injured and even more injured.
Therefore, the provision of thresholds, but also set so high, in itself is meaningless, if you really want to do, you can raise money to someone's account, more than 3 million, and then pretend that this person is Gaofu, and then use the name of this person to invest in the stock, equal to the sun, leaving a shadow, and this illegal property transfer, It is a disservice to small and medium investors. The number of shareholders not more than 200 people, is the same truth, in the first merger, and then tell you I 200 people, not many, right there, you say coincidentally. As for the 1 million project threshold, it doesn't matter, anyway, whether or not to use so much money, first melted. Shares do not let the transfer, it can only be done in private, so many new companies each year, how many can be listed? There is no exit mechanism, although it is money more people silly, I am afraid it will not be silly to this extent.
This is the policy under which there are countermeasures, investment threshold is unable to limit the stock of equity, but will lead to a bad way, if such a stock-raising policy is officially released, it is really hard to imagine, the industry will have how the development, not to say that the securities companies do not want to do, the platform is expected to change careers. High cost, risk, no gain, customers are also difficult to find, a little more flexible on the edge of the law or even the criminal law, there is no prison, this is really a bit of a loss. This is where the supervision, clearly is not want to regulate! The subtext is probably saying: you Internet, do not clean out the moth, give us trouble! Just like Beijing, Shanghai, the recent restrictions on balancing cars and electric scooters, not clear whether it is a motor vehicle or a motor vehicle, then unified not let you on the road, such a regulatory mentality, and the attitude towards new things, no wonder China has not been innovative. Financing is difficult, financing is expensive, the real economy is cold, small micro enterprise is difficult, it is the result of this kind of lazy political thinking. Although, this is not what we want, but this is exactly what we get.