16 October 2019

Shenzhen bourse to cut upfront listing demands, paper says

The Shenzhen Stock Exchange will further streamline approval requirements for listed firms this year, and shift more attention to oversight, the Shanghai Securities News reported Wednesday, citing bourse general manager Song Liping {宋麗萍}. The exchange will apply different degrees of monitoring to listed companies based on the quality of their information disclosure, Song said. Song also proposed clarifying the status of private equity and the regional equity market under the revised Securities Law, the report said.

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