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China Supports Foreign Companies Listing On A-Share Market - Caixin

CHINA PRESS
MNI (Singapore)

China will support qualified foreign-funded enterprises to raise funds by listing on the Main Board, the Science and Technology Innovation Board, the ChiNext Board, the Beijing Stock Exchange, as well as issuing corporate bonds, Caixin reported, citing a document released by the National Development and Reform Commission and five other departments late Tuesday. There is no legal obstacle to their listing in China as only a few among the 168 listed foreign-funded companies are directly controlled by foreign institutions, Caixin reported. The new rules seek to expand the inflow of foreign capital and stabilise the scale of foreign investment, Caixin added.

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