Is the registration system good or bad?

The registration system means that there is no threshold for enterprises to go public, and there are more enterprises that can go public, so the stocks in the cage will definitely be worthless now, so the registration system is not good.

Just like selling side dishes, all the streets and alleys can be operated, and the food will definitely be cheaper. Will the city management agree? Will the industry and commerce department agree? Therefore, there will be no registration system in a short time, because the CSRC has issued stalls selling vegetables to hundreds of enterprises, and at least these stalls must be sold before the registration system can be implemented. Hundreds of stalls, can't you tell them in a few years?

The registration system will come sooner or later, which is a trend and inevitable.

1600 may not come, because no matter how rich the products are, 13 4 1 kg of rice will not come back, and there will be no ginger candy at 20 cents, and the price has gone up. The trend is that the price goes up and the stock market doesn't go up.

The stock market is risky, so you need to be cautious in investing. The above information is not taken as any investment advice.

Extended data

First, the concept of registration system

The registration system of securities issuance refers to a system in which the applicant for securities issuance discloses all information and materials related to securities issuance according to law, makes legal documents and submits them to the competent authority for examination, and the competent authority is only responsible for examining whether the information and materials provided by the applicant for securities issuance have fulfilled the obligation of information disclosure.

Secondly, its most important features are:

1. Under the registration system, the securities issuance audit institution only reviews the registration documents in form and does not make substantive judgments. The purpose of securities issuance and registration is to provide investors with formal information so that they can judge the basic elements of securities and make investment decisions. Securities registration cannot be an umbrella for investors to avoid losses.

2. If the disclosure method is appropriate, the securities management institution shall not refuse to register on the grounds that the price or other conditions for issuing securities are unfair, or the company's prospects proposed by the issuer are unreasonable.

3. Fast forward and fast out, lowering the listing threshold; At the same time, with the support of intermediaries, namely brokers, the listed companies will be inspected and the punishment for cheating intermediaries will be strengthened; And there are provisions to lower the threshold for delisting.

However, there are many approval procedures and conditions for listing and delisting. For example, Alibaba, JD.COM, Pinduoduo and other high-quality emerging companies have difficulties in listing in China, so they have to go abroad, while some listed companies with poor performance have a long process of delisting. When the approval system is changed to the registration system, the market ecology will undergo major changes.