BEIJING :China's securities regulator on Friday published long-awaited rules regulating offshore listings, reviving foreign initial public offerings (IPOs) by Chinese firms after a regulatory freeze since July 2021.The rules, published by the China Securities Regulatory Commission (CSRC) and effective from Ma
BEIJING :China's securities regulator on Friday published long-awaited rules regulating offshore listings, reviving foreign initial public offerings by Chinese firms after a regulatory freeze since July 2021.
Under the rules, the CSRC will vet offshore listings under a new filing system that effectively ends decades of freewheeling overseas IPOs by Chinese companies. "Offshore listing is a key component of China's capital markets opening," the CSRC said in a statement. The CSRC added that companies will be able to choose listing venues freely as long as they abide by the law. Then regulators would respect their choices, it said.
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