China proposes new approval framework for overseas IPOs

China‘s securities regulator on Friday proposed tightening rules governing Chinese companies listing abroad, which it said would improve oversight while allowing them to continue to do so.

The China Securities Regulatory Commission (CSRC) said on its website that it had proposed establishing a new framework for the overseas listing of Chinese firms.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter