Regulator 'studying' new share sale reform
9 years ago

Regulator 'studying' new share sale reform

China Daily  

Investors check stock prices at a securities brokerage in Haikou, Hainan province on March 8. China's securities regulator is still studying reform of the registration-based system for initial public offerings, a senior securities official said on Tuesday without elaborating on the details or timetable. Reform of the new share sale mechanism has been a closely followed topic during the ongoing annual sessions of the nation's legislators and political advisers. "The regulator is studying the registration-based reform," Li Chao, vice-chairman of the China Securities Regulatory Commission, told reporters on the sidelines of the ongoing session of the National Committee of the Chinese People's Political Consultative Conference, the country's top political advisory body. Premier Li Keqiang did not mention the new share sale reform in his highly anticipated Government Work Report delivered on Saturday to deputies of the National People's Congress, sparking discussions that the government may delay the process.

China Securities Chinese Regulator Studying Reform  sale  share  securities  system  political  chinese  reforms  studying  reform  financial  registrationbased  stock  regulator

History of this topic

Expert sees 'tough' capital market reform
8 months, 3 weeks ago

Expert sees 'tough' capital market reform

China Daily  

The next wave of China's capital market reform could see "harsh punishments and tough laws" to rein in illegal activities as property giant Evergrande's recent meltdown due to debt troubles underscored the gravity of securities malpractices, said a leading financial expert and senior economist. Reforms need to be deepened urgently to preempt rule violations and further develop an investor-oriented capital …

Reform of Across-the-Board Registration System: Listed Chinese Companies on US Stock Market in the First Half of the Year (No.237, 2021)
3 years, 4 months ago

Reform of Across-the-Board Registration System: Listed Chinese Companies on US Stock Market in the First Half of the Year (No.237, 2021)

China Daily  

Reform of Across-the-Board Registration System: Listed Chinese Companies on US Stock Market in the First Half of the Year 2021-10-29 By Chen Daofu & Li Ganlin, Research Institute of Finance, DRC Research Report, No.237, 2021 2021-9-1 Abstract: In the first half of this year, 36 companies had gone public on US stock market despite unreasonable arrangements made by US regulators. …

Regulator OKs China Unicom's non-public offering of shares
7 years, 7 months ago

Regulator OKs China Unicom's non-public offering of shares

China Daily  

Company logos of China Unicom are displayed at a news conference during the company's announcement of its annual results in Hong Kong, March 16, 2016. China Securities Regulatory Commission said on Sunday night it approved the non-public offering of shares in China Unicom's mixed-ownership reform plan and would handle it as a special case, according to a report by China …

Regulator OKs China Unicom's non-public offering of shares
7 years, 7 months ago

Regulator OKs China Unicom's non-public offering of shares

China Daily  

Company logos of China Unicom are displayed at a news conference during the company's announcement of its annual results in Hong Kong, March 16, 2016. China Securities Regulatory Commission said on Sunday night it approved the non-public offering of shares in China Unicom's mixed-ownership reform plan and would handle it as a special case, according to a report by China …

Law revision signals better stock market supervision
7 years, 11 months ago

Law revision signals better stock market supervision

China Daily  

BEIJING — China is expected to improve stock market supervision with stricter measures, better information disclosure and strengthened investor protection, said a draft amendment of the Securities Law read by lawmakers on Monday. The country's securities regulator will be authorized to adopt more measures in law enforcement and impose tougher punishments for violations to better monitor and prevent systemic risks, …

China to push IPO registration system gradually
9 years ago

China to push IPO registration system gradually

China Daily  

Chairman of the China Securities Regulatory Commission Liu Shiyu answers questions at a press conference on the sidelines of the fourth session of the 12th National People's Congress in Beijing, capital of China, March 12, 2016. BEIJING - China will press ahead with IPO registration system reform in a gradual manner as it takes time to work out related reform, …

Regulator quashes registration-based IPO rumors
9 years, 1 month ago

Regulator quashes registration-based IPO rumors

China Daily  

The securities regulator on Friday quashed market rumors and stated that the examination and approval processes of new share listing will not change before the launch of the registration-based IPO system. The statement was made after China's stock market tumbled by more than 6 percent on Thursday amid rumors that registration-based IPO system would be first applied to companies applying …

Regulator quashes registration-based IPO rumors
9 years, 1 month ago

Regulator quashes registration-based IPO rumors

China Daily  

The securities regulator on Friday quashed market rumors and stated that the examination and approval processes of new share listing will not change before the launch of the registration-based IPO system. The statement was made after China's stock market tumbled by more than 6 percent on Thursday amid rumors that registration-based IPO system would be first applied to companies applying …

China equities regulatory system had flaws: CSRC chief
9 years, 2 months ago

China equities regulatory system had flaws: CSRC chief

Live Mint  

Shanghai/Beijing: A review of the turmoil that’s rattled Chinese stock markets since last June has exposed loopholes and ineptitude within the regulatory system, said Xiao Gang, chairman of the nation’s equities watchdog. An immature bourse and participants, incomplete trading rules, an inadequate market system and an inappropriate regulatory system were to blame and regulators will learn from their mistakes, Xiao …

Top 10 events that moved the stocks[1]- Chinadaily.com.cn
9 years, 2 months ago

Top 10 events that moved the stocks[1]- Chinadaily.com.cn

China Daily  

Below is a recap by China Daily editors of key developments that shaped or rocked the A-share market in the year that was. New listing system gives more say to the market On Dec 9, the State Council passed a draft document proposing a registration-based stock listing system, which will likely replace the current approval-based system within two years. Analysts …

China to launch registration-based IPO next year
9 years, 3 months ago

China to launch registration-based IPO next year

China Daily  

China will launch a registration-based initial public offering system in March 2016 to boost the role of the country's stock market and provide the necessary financing for companies. In a statement by the China Securities Regulatory Commission, officials said the legislative approval of launching the registration-based IPO system marked significant development to the Chinese capital market and implements an important …

Regulator to reform IPO rules[1]- Chinadaily.com.cn
10 years, 2 months ago

Regulator to reform IPO rules[1]- Chinadaily.com.cn

China Daily  

An investor smiles in a brokerage in Huaibei, Anhui province, on Jan 15, 2014. Registration-based system will make capital market more open and efficient China's securities regulator is committed to introducing the registration-based system for initial public offerings and would take necessary steps in this regard this year, a top official said on Friday. In addition, it will also solve …

China unveils reform plan for IPO system
11 years, 3 months ago

China unveils reform plan for IPO system

China Daily  

BEIJING -- The China Securities Regulatory Commission on Saturday unveiled a reform plan for the initial public offering system. The plan, on pushing forward with reform on a new share issuance system, was released about two weeks after a reform plan unveiled by the Communist Party of China Central Committee, which promised to introduce a registration-based system. China has an …

Discover Related