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China to Simplify Company Listings: Vice Premier

CHINA PRESS
MNI (Sydney)

China will simplify the initial public offering process for companies by introducing a registration-based screening mechanism that emphasizes companies' disclosures, with the changes extended to all boards, according to a statement by Vice Premier Liu He. China will also improve the market-based interest rate system so policy rates can be extended to all participating companies, according to Liu, who heads the Financial Stability and Development Committee of the State Council.

MNI Sydney Bureau | +61-405-322-399 | lachlan.colquhoun.ext@marketnews.com
MNI Sydney Bureau | +61-405-322-399 | lachlan.colquhoun.ext@marketnews.com

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