Press "Enter" to skip to content

China approved revised Securities Law, cut red tap for new listings, toughened penalties

CHECK THE WIRE FOR REAL-TIME NEWS UPDATES

China’s top legislature approved the country's revised Securities Law, in which listing rules are relaxed and penalties for rule violations are significantly tougher.

The changes to the law will be effective from March 1, 2020, according to a government statement on Saturday citing decisions made by the National People’s Congress Standing Committee.

The revised law removed profitability requirement for new listings, changing the requirement from "capable of continuous profitability" to "capable of . . .

To continue reading, please subscribe. You will get

  • Original and in-depth reporting with details, data and perspectives you don't read elsewhere
  • THE WIRE - a real-time financial news platform focused on China
  • Daily Brief newsletter to get you prepared for every trading day
  • An indispensable and reliable source of information on China's economy and financial markets

FREE TRIAL cancel anytime

 

We highly value independence. We are solely funded by subscriptions from thousands of readers like you. Not ready for our full service? Try Free Weekly Newsletter first.

 

Already have an account? Sign In

Top