Global EditionASIA 中文双语Français
Home / Business / Macro

No new adjustment on IPO review policies: CSRC

Xinhua | Updated: 2019-04-27 19:41
Share - WeChat

BEIJING -- China's securities watchdog said Saturday that there is no new adjustment on the policies concerning initial public offering (IPO) review.

A spokesperson with the China Securities Regulatory Commission (CSRC) said this in response to media reports that the regulator might ease profitability requirements and quicken IPO review.

Enterprises seeking to be listed on the main board, board for small- and medium-sized enterprises and the Growth Enterprise Market will be strictly reviewed based on existing laws and regulations, the spokesperson said.

The review will target corporate governance, compliance operation, information disclosure and other aspects that can help the regulator find qualified applicants, according to CSRC.

Quality takes precedence over speed in IPO review, it noted.

CSRC said it would make full use of the important roles of the financial market in resources allocation and continue to advance the work of new share issuance on a regular basis, strictly enforce the listing threshold, improve market predictability and better serve the real economy for high-quality development.

Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349