On The Perfection Of The Legal System Of Stock Holding Of Listed Companies Under The New Regulatory Environment

In recent years,with the continuous development of the capital market,the cases on the holding of shares of listed companies have been constantly exposed.For example,the most typical case is Fang Zheng securities second shareholder Zheng Quan Holdings Limited,which has been a case of Fang Zheng group holding the shares of the Peking University Medical Limited by Share Ltd.The stock holding problem of the listed company has gradually become the hot spot in the fields of company law and securities law.The stock holding,also called the entrustment stock,the invisible investment or the pseudonym investment,refers to a stock disposal way that the actual investor has agreed with the other person to enjoy the shareholders' rights and share the shareholders' rights in the name of other people.The fact is that the actual investor and the nominal investor determine the existence of shares by proxy.The company law explains three of the shares of the limited liability company.However,in view of the openness,capital compatibility and freedom of the securities market itself,the effectiveness of the stock holding of the listed companies has not been confirmed at the legal level.At the same time,the Securities Regulatory Commission also explicitly prohibits the shares of stock holding problems.Limited companies are listed on the stock exchange.This paper begins with an overview of the stock holding of listed companies,analyzes the status and problems of the stock holding of Listed Companies in China,and draws on the experience of foreign countries or regions,and puts forward some suggestions to improve the legal system of stock holding of Listed Companies in China.The main points of this article are as follows:The first chapter is introduction,this part expounds the background and significance of the article,introduces the research status of the stock holding of listed companies at home and abroad,and explains the research methods of this article.The second chapter is an overview of the stock holding of listed companies.This part introduces the concept,characteristics and causes of share holding,and then explains the rationality of the phenomenon by the legitimacy of the stock holding of listed companies.The third chapter is the current situation and existing problems of the stock holding oflisted companies.This part introduces the current situation of the stock holding of listed companies,the status of supervision and the practice of judicial trial,and then finds out the existing problems of the stock holding of Listed Companies in China.The fourth chapter is the experience of the legal regulation of the holding of the shares of foreign listed companies.This part mainly introduces the status of the legal regulation on the holding of shares of Listed Companies in the foreign listed companies,and then analyses the significance of the legal regulation to our country by the legal regulation of the holding of the shares of the foreign listed companies.The fifth chapter consummates the proposal of the stock holding legal system of listed companies.This part mainly discusses the suggestions to improve relevant laws and regulations,information disclosure system and the specific system of judicial practice in our country,with a view to put forward reasonable suggestions for the good of the legal system of stock holding of listed companies in our country.