Applications pile up as new rules delay offshore listings by Chinese firms

Applications pile up as new rules delay offshore listings by Chinese firms

FILE PHOTO: A Chinese national flag flutters outside the China Securities Regulatory Commission (CSRC) building on the Financial Street in Beijing, China July 9, 2021. REUTERS/Tingshu Wang/File Photo

Applications for overseas share offerings have been piling up in China over the past five-and-a-half months, with over a hundred domestic companies awaiting regulatory approval under new rules that tighten scrutiny on offshore listings. 

Edited by: Joymitra Rai

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