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China To Speed Up Resolution Of Overseas Listings' Audit And Supervision Issues: Journal

CHINA PRESS
MNI (Singapore)

China will accelerate the resolution of issues related to the audit and supervision of companies' overseas listings and strengthen cross-border investment monitoring, the Shanghai Securities Journal reported citing a speech by Fang Xinghai, deputy chairman of the China Securities Regulatory Commission. The aim is to improve domestic issuance and listings for overseas entities along with regulations on overseas listings, so that Chinese companies can make better use of both the domestic and international capital markets, said Fang. China will improve and expand the Shanghai-Shenzhen-Hong Kong Stock Connect, Shanghai-London Stock Connect, and China-Japan ETF Connectivity, as well as further opening the futures market, Fang was cited as saying.

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