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China said to plan faster IPO and refinancing approval


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 . . .

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