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China to study removing price change limit on IPO debut – CSRC vice chairman

China will study removing the restriction over share price change on IPO debut, introduce tools for both bullish and bearish investors to make share prices more reasonable and meanwhile make more efforts to bring foreign capitals and long-term capitals to China's stock market and futures market, said deputy head of China's securities regulator in a forum on Saturday.

China will study removing the restriction on price change on IPO debut which leads to unreasonable prices, said Fang Xinghai, vice chairman of China Securities Regulatory Commission (CSRC).

"I personally think the restriction should be removed," said Fang because . . .


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