Under the current international economic environment of financial globalization, cross-border issuing of securities has been more active and progressing rapidly in past years. With such a background, the author presents perspectives on some legal issues involving cross-border issuing and listing of securities.The paper can be divided into four sections. The first section: cross-border issuing and listing of securities, its legal characteristic, regulations and rules involved. The second section: some private law issues with regard to cross-border issuing, including legal status of issuers, methods of listing, corporate governance; class rights and minority protection, conflict and application of laws, etc. The third section: legal supervision on the cross-border listing and the international regulatory cooperation. The last section: based on the analysis of the legal systems of developed securities market, international practice and the review of PRC oversea listing system, the reformational and legislative proposals on the PRC oversea listing system and international regulatory cooperation pattern are given in the paper respectively. |