Recast of A-share companies gains big momentum
By Shi Jing in Shanghai | China Daily | Updated: 2018-12-03 07:45
Easing of CSRC's rules geared to inject vitality into market and real economy
The Chinese central regulators have relaxed the grip on the restructuring of A-share companies in order to inject more vitality into the market and better serve the real economy.
The China Securities Regulatory Commission reviewed 109 restructuring applications by Nov 15 this year, among which 96 have been approved.
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