SHANGHAI, Feb 17 (Reuters) - China's securities
regulator said rules for the registration-based IPO system take
effect on Friday, as it makes a big step towards reforming the
world's second-biggest stock market.
It comes after the China Securities Regulatory Commission
(CSRC) published draft rules and solicited public opinions on
Feb. 1.
The CSRC said the implementation of the rules marked the
"extension of the registration system to the entire market", and
was "a milestone in the reform and development of China's
capital market".
(Reporting by Shanghai Newsroom; Editing by Alex Richardson)
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