上交所副总经理王泊：并购市场是投资中国未来的黄金通道

Core Viewpoint - The M&A market is positioned as a golden channel for investing in China's future, with efforts to enhance the foreign investment ecosystem and improve services for international investors [1][2] Group 1: Quality of Targets - The number of listed companies in China is approaching 2,300, with a total market capitalization exceeding 60 trillion yuan, making it a hub for blue-chip and technology innovation companies [1] - There are plans to deepen the implementation of investment and financing reforms to attract more high-quality companies to go public, thereby improving the quality of listed companies [1] Group 2: Institutional Improvements - Continuous deepening of market-oriented reforms in the M&A sector, optimizing the regulatory framework, and implementing the "six guidelines for M&A" to better respond to investor demands [1] - The goal is to enhance the inclusiveness and adaptability of the regulatory environment to support technology innovation and foreign investment needs [1] Group 3: Regulatory Environment - Ongoing efforts to improve the scientific and effective nature of regulation, increasing the tolerance of regulatory measures while respecting the initiative of market participants [1] - Support for various high-quality M&A cases to accelerate their implementation, aiming to create a well-regulated yet flexible M&A market [1] Group 4: Service Enhancements - Commitment to becoming a service-oriented exchange by offering M&A courses, summarizing case studies, and compiling M&A manuals to enhance practical skills [2] - Encouragement for listed companies to conduct performance briefings during M&A processes and improve communication with global investors [2] - Expansion and optimization of cross-border connectivity mechanisms to facilitate international investors' access to the Chinese market [2]