CAJ | 학술논문

产权交易市场对建构多层次资本市场的科技金融体系具有举足轻重的作用。完善科技型企业产权交易市场,需不断推进非上市公司股权登记托管、私募股权投资基金交易、资产证券化交易、碳排放权和排污权交易、融资租赁收益权交易等产权市场业务创新,从法律、产权交易规范和规则完善,以及做市商制度与竞价交易方式有效结合方面创新交易制度,从而加大政策扶持力度、改进产权交易配套服务,更好地发挥政府监管作用。
산권교역시장대건구다층차자본시장적과기금융체계구유거족경중적작용。완선과기형기업산권교역시장,수불단추진비상시공사고권등기탁관、사모고권투자기금교역、자산증권화교역、탄배방권화배오권교역、융자조임수익권교역등산권시장업무창신,종법률、산권교역규범화규칙완선,이급주시상제도여경개교역방식유효결합방면창신교역제도,종이가대정책부지력도、개진산권교역배투복무,경호지발휘정부감관작용。
It is very important of Property Market Transaction to construct the multi-level capital market of technology fi- nancial system. To innovation of property market transaction of S＆T, it need to improve Innovation of property transactions varieties, such as hosting equity of unlisted S＆T enterprise, providing transactions of private equity investment fund, asset securitization, carbon emissions rights, finance lease income right; It need to improve innovation of trading system, such as improving laws, norms and rules of property transactions, implementing effective combination of marketmaker system and auction, It need to improve innovation of government regulation, such as intensifying policy support, improving property transactions ancillary services and playing the role of government.