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随着注册制放缓、IPO审批收紧,股市的形势跟去年相比已经不可同日而语。其中,最醒目、最直接的表现之一就是壳资源稀缺、炒作升温。与此同时,借壳上市也因为突击入股、吹高估值、高额套利、利益输送等问题,一直饱受诟病。重组借壳交易当中不乏违法违规、违反市场公平的事件。事实上,由借壳上市而引发的资本市场乱象,早已引发监管关注。
With the registration system slowed down, IPO approval tightened, the stock market situation is no longer the same as last year. Among them, the most eye-catching, one of the most direct performance is the scarcity of shell resources, speculation warming. At the same time, backdoor listing due to surprise stocks, blowing high valuation, high arbitrage, transfer of benefits and other issues, has been widely criticized. Among the restructuring of backdoor trading, there are many violations of laws and regulations that violate market fairness. In fact, the chaos in the capital market triggered by the backdoor listing has long drawn regulatory attention.