Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road
Industry

China's securities regulator says IPO queuing indicates confidence in capital market

March 01, 2021


Abstract : While the large number of companies queuing for IPO review on the Shanghai and Shenzhen stock exchanges reflects China's economic transformation and high-quality development, it also reflects the effectiveness of capital-market reform and confidence in the capital market.

BEIJING, Feb. 26 (Xinhua) -- While the large number of companies queuing for IPO review on the Shanghai and Shenzhen stock exchanges reflects China's economic transformation and high-quality development, it also reflects the effectiveness of capital-market reform and confidence in the capital market, China's top securities regulator said Friday.

As of Feb. 19, the China Securities Regulatory Commission (CSRC) had greenlighted the IPOs of 66 companies this year, a sharp increase year on year but relatively flat compared with the previous month, CSRC data showed.

"The approval of IPOs has been neither tightened nor loosened," said a CSRC spokesperson, adding that since the reform of registration-based IPOs, the commission has been focusing on improving the transparency and efficiency of IPO verification.

At present, the average review cycle of the sci-tech innovation board of the Shanghai Stock Exchange and the Shenzhen Stock Exchange's board of growth enterprises has been reduced to around five months. Enditem

Scan the QR code and push it to your mobile phone

Keyword: China IPOs

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial