Listing system reform to continue: Regulatory commission
China will continue to deepen listing system reform and positively promote mergers and acquisitions of listed companies, the China Securities Regulatory Commission said on Wednesday.
China's top securities regulator said they will perfect listing examination and approval, as well as the merger and acquisition supervision mechanism to better serve the real economy.
According to the statement, the commission will accelerate the relaxing the restriction of foreign shareholding in the Chinese securities sector and carry out the Shanghai-London Stock Connect this year. The commission also supports China's A Shares to be included into FTSE Russell’s global indexes.
It said the commission also will step up the pace of perfecting the stock repurchase system of listed companies to optimize their capital structure and investment value.