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证券交易所跨境上市业务的发展是建设国际金融中心的重要内容,外国证券交易所的跨境上市规范对中国资本市场开放国际板具有很好的借鉴意义,同时,对国外证券交易所上市标准和上市费率差异的了解也有利于企业的境外上市决策。通过对12家世界主要证券交易所上市规范的比较分析,本文发现证券交易所在选择和吸引上市公司资源时,通过对不同行业或发展阶段企业的上市板块的划分,将拟上市企业进行初步归类,然后再提出差异化的上市标准供不同企业选择适用,并且各大交易所的上市费率要求也随其市场定位而有很大差异。
The development of cross-border listing of stock exchanges is an important part of building an international financial center. The cross-border listing regulations of foreign exchanges are of great reference to the opening up of international capital markets in China. Meanwhile, the listing standards of foreign exchanges Understanding of the differences in listing rates also helps companies make overseas listing decisions. Through the comparative analysis of the listing rules of 12 major world stock exchanges, this paper finds that when the stock exchange selects and attracts the resources of listed companies, through the division of listed companies of different industries or stages of development, Class, and then put forward the differentiation of the listing standards for different businesses choose to apply, and the listing of the major exchange rate requirements are also very different with its market positioning.