Monday December 9 2013
News Source: Global Exchanges
Focus: Trading Rules
Type: General
It has been reported that the China Securities Regulatory Commission (CSRC) has released four documents on regulating stock markets, including measures for market-based change in the initial public offering (IPO) issuance mechanism, preferred shares, better protection of investor interests in cash dividends and stricter scrutiny of backdoor listing. The securities watchdog promised to streamline the IPO approval process while strengthening supervision over listed companies.
This information will be updated as soon as further details become available.