China’s securities regulator is said to be planning to speed up the review process for initial public offerings (IPO) and refinancing, in a move to make it easier for companies to get funding, people familiar with the matter told Yuan Talks.
China Securities Regulatory Commission officials pledged at a work conference this week to relax requirements for IPO issuance and make it clear to issuers that it doesn’t impose a fixed threshold for annual profit, said the people.
According to the document following the conference, the regulator aims to approve at least four IPO applications each week.
Meanwhile . . .
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