By Nguyen Thi Bich Ngoc
The new law also proposes that companies could go ahead with listing after the completion of the initial public offering process.
Tokyo-based SoftBank will announce the details for the debut sale as early as next week.
There are more than 250 companies in the IPO pipeline for next year, including many in the technology sector, according to Li.
China is in another listing drought, two years after the IPO floodgates were reopened. So far this year, just 80 companies got the nod.
The extra money would strengthen the company’s finances, improve its credit rating outlook and help to lower funding costs.
China is expanding efforts to keep its most promising companies from going public in Hong Kong or the U.S.
The Tanzanian government, which owns 40% in the Dar es Salaam-based unit, has informed potential investors that it does not recognize the IPO plans of Airtel Africa Ltd.
The Thai central bank plans to reduce its stake in BAM to less than 50% through the share sale, down from 100% currently.
Regulators around the world have been looking closely at how to oversee digital assets and cryptocurrencies, and whether existing frameworks are sufficient.
IFC, which holds a 15% stake in the company, is looking to sell close to half of its holding.