Illicit collect equity invests (PE) , the couple of wealthy person's surplus capital and clever person's redundant wisdom is called in capital market. This kind of invest in blame appears on the market equity, perhaps appear on the market company blame trades publicly the means of a kind of investment of equity hotter and hotter, become gradually " capital market parvenu " .
The report points out, equity of Chinese illicit collect invests the market to already became the whole world to be next to the mainest market of the United States, investment of illicit collect equity and masses innovation do poineering work and development of Chinese capital market forms benign and interactive loop, promoting development of Chinese innovation economy.
Some earlier year, china invests without equity of development illicit collect, and the fund of investment of illicit collect equity with many foreign country finds a lot of projects in China, invest Meng Niu and Baidu for instance. In the first round of regale, investor of illicit collect equity people won tens of tall get one's own back of times almost.
Since this year, what investment of illicit collect equity is in China is arisen and in home more and more harangue, this is good appearance, chinese capital market eventually " filled this is important one class " . Illicit collect equity invests fund to invest way as a kind of gather, can will trade cost partakes between numerous investor, and can make investor shares dimensions economy and limits economy. Opposite at direct investment, investor uses illicit collect equity to invest means to be able to achieve the earnings that trades to carry a mechanism to bring into devoir, improve investment efficiency, this is the prime cause that investment of illicit collect equity exists. The company is successive already 6 years outstanding achievement strikings, will tell from another level also show market of prospective China capital more and more cannot leave illicit collect equity to invest fund. Illicit collect equity invests the main component that regards finance as course of study, distinctive gene decided its should be more active, in entering an industry deep, for hypostatic economy " endow with can " . The change of the development of this times and external environment, make the participator that equity invests people the union with must be sought as better as hypostatic economy, ability achieves long-term progress. Some closer year come. Illicit collect equity invests fund already the value of its position value that deepness shares Chinese economy society to develop basically behaves in the following respects:
Fund of equity of 1. illicit collect begins to participate in a state-owend enterprise to mix ownership reform
Development mixes system of ownership to be reformed for the state-owend enterprise of dominant, it is the important facet that current government deepens reform in the round. Current, the direction of reform and framework are clear already, the operation plan of administrative levels of executive detailed rules, run mode to need exploration, the strategic investor that how chooses to fit strategic goal comes true " mixture system of ownership " purpose, in the choice of strategic investor, fund of illicit collect equity has outstanding advantage.
The investment of fund of illicit collect equity develops to mixture system of ownership to urging a company, perfect legal entity administers a structure to have positive effect. Fund investment process is taken namely exterior strategical resource, tall capital get one's own back is won while the company expands quickly.
Fund of equity of 2. illicit collect occupies social asset to configure larger proportion
After crisis of 8 annuity be in harmony passes, interest rate lasts return rate of investment of be issued to lower levels, open market goes low to make the winner sheds orgnaization investor to deliver the view morely Xiang Fei open market, increase the proportion that configures to diversity asset, reduce cash and fixed earnings kind the proportion of asset.
In category of diversity asset configuration, fund of illicit collect equity held larger proportion. From the point of market cycle, fund of illicit collect equity basically pays close attention to the domain that experiencing heavy revolution or capital shortage, and those are had grow continuously dynamic fractionize industry, the often has the side such as science and technology, product, concept, personnel advantage that invests mark, can bring opposite higher return rate.
What investment of equity of 3. illicit collect brings is money not just
To growing for medium medium and small businesses, the value more of fund of investment of illicit collect equity is " provide timely help " is not " perfect " . Investor of illicit collect equity invests experience and industry knowledge with him proprietary, draw outstanding talented person, perfect administrative group, share the management of the company, help enterprise perfects processing structure, establish incentive mechanism, extend potential business, increase shareholder value, appear on the market to process whole journey is participated in and create a condition to realize shareholder value finally, increase a business at the same time in the market international is famous degree.
Investment of equity of 4. illicit collect is the main tool that solves a government to invest blemish
Because governmental investment is policy investment more, communal foundation builds main invest in, the purpose is to expand inside need, stabilize obtain employment, stimulative economy grows, gain of and rather than, on public infrastructure construction, be used to giving state-owned and large company the project, cause civilian capital to have hard as, and the investment that civilian capital has a government to invest to be not had is agile, dispersive, the characteristic such as high income, move economy to have main effect to pulling.
5. market is spent to the participation of industry of fund of illicit collect equity strengthen further
The capital that perfects commercialized carry shaped type to be able to assure fund of illicit collect equity uses efficiency, in recent practice, our country each local government introduces illicit collect equity to invest fund, will attract a society outstanding achieve cast group, strategical the settle of burgeoning industry.
Guide fund to be able to reflect the appeal that gives pair of society sth used to one's own advantage most above all. Go up in fund of industrial guiding equity at present, guide fund fact to be commercialized all right run mode to solemn to had been become one big bright characteristic.
Guide fund to execute specializationed management next, "Collect, cast, canal, retreat " each link fact are commercialized all right run. Give aid to industrial development is commercialized, reduce a burden to the government not only, still raise fund to use efficiency. Make market play configures medium decisive action in resource.
Come as a kind of ship child, industry of investment of illicit collect equity already experienced development of ten years in China, the twist that accompanying Chinese capital market grows, chinese equity invests the market to move toward maturity stage by stage. Review the course that had taken in the past, what innovate to provide a system around inspect more toward majority already is fluctuant and spread out, in market of Chinese characteristic capital, trend of this one innovation will still continue.
In global economic integration today, investment of illicit collect equity regards a kind of finance as innovation product, it had education in global economy progress mutiple level capital market, widen industry financing channel, accelerate a series of main effect such as development of new and high business. Economy of current our country already grew level to turn to high quality to develop level by high speed. High quality develops, those who emphasize is quality and benefit, those who pay attention to is innovation and transition. In this one process, can arouse the illicit collect equity of all sorts of capital invests whole society fund, will act important participator and the part of the person that drive undoubtedly.
