China to expand registration-based IPO system

Kitco Media
By Reuters
Published:
Updated:
Reuters
SHANGHAI, Feb 1 (Reuters) - China's securities regulator published draft rules on Wednesday to expand the registration-based initial public offering (IPO) system in the country's stock market.


The regulator said the purpose of the IPO reform is to give the power to the market.
(Reporting by Shanghai Newsroom; Editing by Andrew Heavens)

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