Monday February 4 2019
News Source: Global Exchanges
Focus: Stock Exchange Regulation
The Shanghai Stock Exchange (SSE) has released draft rules for its new science and technology board and pilot registration-based system for Initial Public Offerings (IPO’s).
The rules which were drafted in accordance with guidance from the China Securities Regulatory Commission (CSRC) and other related regulations and aim to:
- Establish the SSE’s science and technology board;
- Regulate the issuance, listing, underwriting, continuous supervision and trading of the stocks of SSE; and
- Protect investors rights and maintain market order.
Relevant opinions or suggestions can be submitted: (i) through the Shanghai Stock Exchange website or (ii) by sending the written feedback to the Exchange.
For more information please click on the link above.