Private Placement Of Relevant Laws And Regulations Of China's Listed Companies

China's capital market has grown rapidly with the police of reform and sustainment of government. The need of share financing for listed companies is increasing, and the private offering of additional shares , as one of the finaning methods, became the preferential choice of listed company, becase of its facile admittance,easily manipulation, cheap cost. In order to develop the private offering of additional shares regularly, the administration has established some correlative regulations in succession.Though the regulations are not still sound and restrict the normative development of the private offering of additional shares in a certain extent.It is valuable to do research on listed companies' private offering correlative regulations problems of additional shares.The private offering of additional shares has the unexampled advantages of other fanacing methods, and many China companies are more suitable this method. The use of this method just began and a various of problems can not be properly solved, several listed companies use this method to feeding the interests by associated business. Now, there are some analysis about the cases of the private offering of additional shares ,but little research on private offering correlative regulations problems of additional shares.The article mainly does research on private offering correlative regulations problems of additional shares by determining both of its quantity and nature, combining the means of induction, analysis, description and case-analysis. Discussing the correlative regulations of private offering of additional shares, the article describes them by determining the nature mainly , and combines induction and discrisption to discuss the relativity about the method evolvement and the stock market. Besides, the article focus on the effect to the correlative behalves and two specific listed companies by determining the quantity, China cosco holdings company limited and Jiabao Group, and comprehensively estimates the possible impact on listed companies before and after the private offering.At last, this paper raises some advices to solve the correlative regulations, such as heightening the admittance doorsill, establishing the mechanism to market price.