China's security regulator to ease listing rules

Source: China.org.cn
China's security regulator may ease the control over Hong Kong and foreign listings of China's companies and plans to push for Yuan-nominated shares in the overseas Yuan market. Standards to float H-shares are exorbitantly high and the process of approval is time-consuming, said Yao Gang, Vice-Chairman at CSRC. This year securities regulatory commission will revise listing rules and procedures to simplify them and lower thresholds thus creating favourable conditions for small and medium enterprises to be listed overseas, he added.

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