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一、鼓励期 20世纪90年代初,在改革开放、引进外资政策的引导下,外商投资企业受刚刚建立的我国证券市场相关政策的利好影响,开始了介入中国证券市场的热身准备。证券市场上成功引入了一批具有外资背景的公司。 二、限制期 1994年至1995年间,随着一度过热的国内经济理性地回归调整,管理层对证券市场上一度被滥用而影响了市场秩序的股权协议转让方式着手进行规范、限制,出台了《关于暂停将上市公司国家股和法人股转让给予外商请示的通知》。
I. Encouraging Period In the early 1990s, guided by the policy of reform and opening up and the introduction of foreign investment, foreign-funded enterprises started their preparations for intervening in the securities market in China under the favorable influence of the newly established policies on China’s securities market. Successfully introduced a number of foreign-funded companies in the securities market. Second, the restriction period 1994-1995, with the once overheated domestic economy rational return to adjustment, the management of the securities market was abused and affected the market order of the equity transfer agreement to proceed with norms, restrictions, the introduction of the " Notice on Suspension of Transferring State-owned Shares and Corporate Shares of Listed Companies to Foreigners.