Registration-based system for IPO in preparation
112 views · Published 27 February 2015 · 0:53 · Indexed 24 October 2026
Channel: Hi China · 2015 · Entertainment
The CSRC, China's security regulatory body, is pushing forward China's stock market reform by moving from an approval-based IPO system to a registration-based system. China's two major stock exchanges, the Shenzhen Stock Exchange and the Shanghai Stock Exchange are now preparing for the move. Analysts say the new rule will help boost China's start-ups and SMEs, as it will loosen market control and allow the market to measure the true value of new stocks. Subscribe to us on Youtube: https://www.youtube.com/user/CCTVcomInternational Download for IOS: https://itunes.apple.com/cn/app/cctv-news/id878031632?mt=8 Download for Android: https://play.google.com/store/apps/details?id=com.cn.cctvnews Follow us on: Facebook: https://www.facebook.com/cctvcom Twitter: https://twitter.com/cctv_english Instagram: http://instagram.com/cctvenglish Weibo: http://weibo.com/cntvenglish
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