Study On The Difficult Problem Of Equity Confirmation

Throughout the developed capital markets of various countries,there are not only abundant and diversified on-site capital markets,but also complete on-site high-level capital markets,which meet the financing needs of various enterprises with different degrees of development,but also meet the prediction and control of future investment risks of various investors.Especially,the "new three-board" market is a market devoted to supporting small and medium-sized enterprises in the process of rapid development.These small and medium-sized enterprises generally have the characteristics of innovation,entrepreneurship and growth.Class I enterprises are weak in resisting risks independently in response to market changes.Therefore,the "new three-board" capital market plays a vital role in the development and growth of science and technology innovation enterprises and in planning to upgrade to the main board market in the future.Based on the above background,the two key issues to be solved in this paper are as follows: firstly,the legal problems and reasons of the new three-board listing system in China are analyzed concretely;secondly,the current situation of the new three-board listing enterprises in China and the off-the-market market in foreign developed capital markets are compared and analyzed,and specific and feasible strategies are put forward in view of the defects of the existing legal system.Suggestion.This paper is divided into four parts.The first part is the introduction,explaining the essence of the concept of "new three-board" turnboard listing,reflecting the practical and theoretical significance of the turnboard system;the second part,further analyzing the legal system obstacles faced by our country's turnboard system,the lower level of legislation of our country's turnboard legal system,the lack of relevant rules,difficulties in implementation;the third part compares the representative developed capital markets abroad.In the fourth part,based on the current situation of China's "new three-board" listing,the author puts forward constructive suggestions to improve China's capital market,promote the legislative upgrading of China's "new three-board" listing,and enhance the cohesion and operability between legal systems.