国产精品99

为切实(shi)回(hui)应投资(zi)者关(guan)切，维(wei)护市场(chang)稳(wen)定(ding)运行，经充分评估当前市场(chang)情况，证(zheng)(zheng)监会依法批(pi)准中证(zheng)(zheng)金(jin)融(rong)公司暂停转(zhuan)融(rong)券(quan)(quan)业务的申请，自2024年(nian)7月(yue)11日(ri)起(qi)实(shi)施。存(cun)量转(zhuan)融(rong)券(quan)(quan)合约可以(yi)展期，但不得晚于(yu)9月(yue)30日(ri)了结。同(tong)时，批(pi)准证(zheng)(zheng)券(quan)(quan)交易(yi)所将(jiang)融(rong)券(quan)(quan)保证(zheng)(zheng)金(jin)比例由(you)不得低于(yu)80%上调至100%，私募(mu)证(zheng)(zheng)券(quan)(quan)投资(zi)基金(jin)参与融(rong)券(quan)(quan)的保证(zheng)(zheng)金(jin)比例由(you)不得低于(yu)100%上调至120%，自2024年(nian)7月(yue)22日(ri)起(qi)实(shi)施。

融(rong)(rong)资融(rong)(rong)券是(shi)资本市场重要的基础性制度(du)之一，对平抑非理性波动，促进多空平衡与价格发(fa)现，吸引(yin)中(zhong)长期资金入市具有积(ji)极(ji)作用。从(cong)国内证券市场发(fa)展和(he)集中(zhong)监(jian)(jian)管(guan)实(shi)际(ji)需要出发(fa)，我国从(cong)2013年前(qian)后(hou)建立了(le)转(zhuan)融(rong)(rong)通制度(du)，一方面为(wei)融(rong)(rong)资融(rong)(rong)券业务提(ti)供(gong)必要的资金和(he)证券来(lai)源(yuan)；另(ling)一方面也为(wei)监(jian)(jian)管(guan)部门掌握业务开展情(qing)况，加强日常监(jian)(jian)管(guan)，及时采取(qu)逆(ni)周期调节(jie)措施提(ti)供(gong)了(le)手段。

2023年(nian)8月(yue)以来，证(zheng)监(jian)(jian)(jian)会根据市场情况和投资者关切，采(cai)取了(le)一(yi)系(xi)列加强(qiang)融(rong)(rong)(rong)券(quan)(quan)(quan)(quan)和转(zhuan)融(rong)(rong)(rong)券(quan)(quan)(quan)(quan)业务监(jian)(jian)(jian)管的举措，包括限制战略投资者配售(shou)股份出借(jie)，上(shang)调融(rong)(rong)(rong)券(quan)(quan)(quan)(quan)保证(zheng)金(jin)比(bi)(bi)例(li)，降低转(zhuan)融(rong)(rong)(rong)券(quan)(quan)(quan)(quan)市场化约(yue)(yue)定申报(bao)证(zheng)券(quan)(quan)(quan)(quan)划转(zhuan)效率，暂(zan)(zan)停(ting)新增转(zhuan)融(rong)(rong)(rong)券(quan)(quan)(quan)(quan)规(gui)模等(deng)；同(tong)步要(yao)求(qiu)证(zheng)券(quan)(quan)(quan)(quan)公司加强(qiang)对(dui)客户交(jiao)易(yi)行(xing)为(wei)的管理，持续加大对(dui)利用(yong)融(rong)(rong)(rong)券(quan)(quan)(quan)(quan)交(jiao)易(yi)实(shi)施不当套利等(deng)违(wei)法(fa)(fa)违(wei)规(gui)行(xing)为(wei)的监(jian)(jian)(jian)管执(zhi)法(fa)(fa)力度。截(jie)至(zhi)2024年(nian)6月(yue)底，融(rong)(rong)(rong)券(quan)(quan)(quan)(quan)、转(zhuan)融(rong)(rong)(rong)券(quan)(quan)(quan)(quan)规(gui)模累计下降64%、75%。融(rong)(rong)(rong)券(quan)(quan)(quan)(quan)规(gui)模占A股流通市值约(yue)(yue)0.05%，每(mei)日融(rong)(rong)(rong)券(quan)(quan)(quan)(quan)卖出额占A股成交(jiao)额的比(bi)(bi)例(li)由0.7%下降至(zhi)0.2%，对(dui)市场的影响明(ming)显减弱，为(wei)暂(zan)(zan)停(ting)转(zhuan)融(rong)(rong)(rong)券(quan)(quan)(quan)(quan)业务创造了(le)条件。此(ci)次调整(zheng)对(dui)存量业务分别明(ming)确了(le)依法(fa)(fa)展期和新老划断(duan)安排，这(zhei)有助于防范业务风险，维护(hu)市场稳健有序运行(xing)。

下一步，证监会(hui)将(jiang)深入贯彻落实《国务院关于加(jia)(jia)强监管防范风(feng)险(xian)推动资本市(shi)(shi)(shi)场(chang)(chang)高(gao)质(zhi)量(liang)发展(zhan)的若(ruo)干(gan)意见(jian)》，坚持问题(ti)导向和目标导向，始(shi)终(zhong)将(jiang)维护(hu)制度公(gong)平性和提升市(shi)(shi)(shi)场(chang)(chang)内在稳定性放在突出位置。同(tong)时(shi)，根据市(shi)(shi)(shi)场(chang)(chang)情况(kuang)，加(jia)(jia)强日常监管和逆周期(qi)调节(jie)，对不(bu)当套利(li)等(deng)违法(fa)违规行为从(cong)严打击，保障市(shi)(shi)(shi)场(chang)(chang)稳定运行，切实维护(hu)投资者利(li)益。