Reported 8 months ago
The Chinese Securities Regulatory Commission introduced the 'Regulatory Listing Filing Measures' in March last year to set standards for mainland enterprises listing overseas and simplify the listing process. Vice Chairman Fang Xinghai stated that 158 mainland enterprises have applied for overseas listings, with 85 applying in Hong Kong and 73 in the USA, promising to expedite the listing filing efficiency. The Commission continues to support mainland enterprises listing in Hong Kong, with many queuing for overseas listings reflecting the vibrancy of mainland enterprises. Fang emphasized increasing efficiency in the listing process to meet the high demand, debunking claims of the 'death of the primary market' in China.
Source: YAHOO