19 August 2019

Share registration plan out this year, paper says

China is expected to release a plan for a registration-based initial public offering (IPO) process this year, China Securities Journal reported Thursday, citing Xiao Gang {肖鋼}, chairman of the China Securities Regulatory Commission (CSRC). However, the new policy, which seeks to simplify cumbersome approval procedures, may not be implemented this year, pending changes to related legislation. In addition, the CSRC is considering same-day settlement of stock transactions, starting with blue chips, Xiao was quoted as saying.

– Contact HKEJ at [email protected]



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