Regulators once again tighten refinancing, film, television and entertainment refinancing, mergers and acquisitions or a comprehensive suspension

In fact, similar news came out as early as May last year about the suspension of refinancing in the film, television and cultural industries. At that time, rumors pointed out that the China Securities Regulatory Commission had stopped cross-border fixed growth of listed companies, involving four industries: Internet finance, games, film and television, and VR.

Original title: Film, television and entertainment refinancing, mergers and acquisitions or comprehensive suspension

On April 12, the 21st Century Business Herald stated that an investment bank executive from a securities firm in the south revealed to reporters that refinancing projects in film, television, entertainment, and culture will be persuaded to retire, and mergers and acquisitions projects in these industries will also be persuaded to retire. However, the news has not yet received a response from the regulatory authorities.

The clear suspension of refinancing this time seems to be expected. "It was not encouraged before, but now it is relatively clear." Bao Dai, an investment bank of a small and medium-sized securities firm, told reporters.

In fact, Zhao Wei's acquisition of a listed company attracted attention before. Zhao Wei's plan to invest 3 billion yuan to acquire a controlling stake in Wanjia Culture was questioned by the capital market. In the end, the merger also ended in failure. However, it is rumored in the industry that Wanjia Culture committed a crime against the trend and the failure of the merger was expected.

In fact, similar news came out as early as May last year about the suspension of refinancing in the film, television and cultural industries. At that time, rumors pointed out that the China Securities Regulatory Commission had stopped cross-border fixed growth of listed companies, involving four industries: Internet finance, games, film and television, and VR. For example, cement companies are not allowed to invest in the above four industries through fixed-value acquisitions or raise funds.

On the 12th, a number of investment bankers told reporters that the regulatory authorities 'move was to further encourage the transformation of the virtual into reality and support the development of the real economy. In fact, since the beginning of this year, the regulatory authorities have been tightening on refinancing. For example, on February 17, new refinancing regulations were introduced that had a huge impact on the industry.

Editor: Nancy