Ma finally given Tuesday afternoon and Softbank, Yahoo, the focus of controversy - to agree to "Agreement control."
Ma said that Yahoo and Softbank have this agreement check is no problem. But by the central bank's report, whose main action is not 100% domestic, it is not eligible for this license.
Note, such as testing the waters in the water, causing a heated debate in the industry.
"'Protocol Control' too many people on the boat, and if hit, so to face the United States in response to small and medium investors, faced with the difficulties are great." Calm and CVC American law firm in Germany, Zhou Ting said, "such as Sina, if the agreement does not allow control of Sina probably would be finished."
Sina is the first implementation of the "Protocol control" mode and successfully listed on the template so that the model has "Sina fashion" in the name. "Control Agreement", by definition, is an offshore company owned by foreign companies and domestic companies have signed an agreement to become a domestic business income and wealth, the current regulator to circumvent "Foreign Investment Industrial Catalogue guidance" for limited and prohibited trade restrictions on foreign entry requirements, accurately speaking, a "red-chip mode" variant form.
"Control Agreement" has been avoided in one of the regulators, the objective standard is a "control agreement" legitimacy. Insiders said that Sina is the beginning of the implementation of this model out of frustration, not to communicate with public authorities, and this behavior has become common practice as far-reaching implications for the evolution of the Internet open and play an important role.
Zhou Ting said that Sina had built in the beginning that "prospectus" in that the model may be subject to challenge from regulators (challenge). Back to model the company, also have similar requirements. But many companies also increased from lawyers did in the market before approval to confirm the model no significant political risk.
Today's "control agreement" on the boat, set a very public and reach are also largely unpredictable. If this model were to be denied, could be overseas listed Chinese stocks in danger of extinction, including Baidu, Sina and other stars share.
Ma a striking phrase, breaking a tacit agreement between government and industry. For Alipay event can Battleboats, industry more than disagree. However, many have been in the boat, as Chinese companies will make adjustments, but also to pay the license application and other parties and what to think of Tencent, has become a world focus of public attention.
Ma said that Yahoo and Softbank have this agreement check is no problem. But by the central bank's report, whose main action is not 100% domestic, it is not eligible for this license.
Note, such as testing the waters in the water, causing a heated debate in the industry.
"'Protocol Control' too many people on the boat, and if hit, so to face the United States in response to small and medium investors, faced with the difficulties are great." Calm and CVC American law firm in Germany, Zhou Ting said, "such as Sina, if the agreement does not allow control of Sina probably would be finished."
Sina is the first implementation of the "Protocol control" mode and successfully listed on the template so that the model has "Sina fashion" in the name. "Control Agreement", by definition, is an offshore company owned by foreign companies and domestic companies have signed an agreement to become a domestic business income and wealth, the current regulator to circumvent "Foreign Investment Industrial Catalogue guidance" for limited and prohibited trade restrictions on foreign entry requirements, accurately speaking, a "red-chip mode" variant form.
"Control Agreement" has been avoided in one of the regulators, the objective standard is a "control agreement" legitimacy. Insiders said that Sina is the beginning of the implementation of this model out of frustration, not to communicate with public authorities, and this behavior has become common practice as far-reaching implications for the evolution of the Internet open and play an important role.
Zhou Ting said that Sina had built in the beginning that "prospectus" in that the model may be subject to challenge from regulators (challenge). Back to model the company, also have similar requirements. But many companies also increased from lawyers did in the market before approval to confirm the model no significant political risk.
Today's "control agreement" on the boat, set a very public and reach are also largely unpredictable. If this model were to be denied, could be overseas listed Chinese stocks in danger of extinction, including Baidu, Sina and other stars share.
Ma a striking phrase, breaking a tacit agreement between government and industry. For Alipay event can Battleboats, industry more than disagree. However, many have been in the boat, as Chinese companies will make adjustments, but also to pay the license application and other parties and what to think of Tencent, has become a world focus of public attention.
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