n February 1, the China Securities Regulatory Commission (CSRC) announced it would solicit suggestions from market participants on the draft rules for the full implementation of the registration system of stock issuance it had issued that same day. Used in most mature markets, the registration-based system refers to a stock issuance mechanism that gives the market a decisive role in initial public offerings (IPOs) and also facilitates the listing
Taking Stock of the Market
Feb 16, 2023
2 minutes
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