Chinese overseas OTC firms told to strictly follow record-filing procedures

Chinese overseas OTC firms told to strictly follow record-filing procedures

FILE PHOTO: A Chinese flag flutters outside the China Securities Regulatory Commission (CSRC) building on the Financial Street in Beijing, China February 8, 2024. REUTERS/Florence Lo/File Photo

China’s top securities watchdog has warned domestic companies traded on over-the-counter (OTC) markets overseas that if they seek an uplisting to a stock exchange, they must file a record with the regulator shortly after an application is submitted.

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