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 . . .
To continue reading, please subscribe.
We highly value independence. Yuan Talks is solely funded by subscriptions from readers like you.
What you'll get:
- High-quality & in-depth reporting on the most important topics about China's economy and financial markets
- Daily Brief newsletter to give you a full picture of what's happening in China every weekday
- Exclusive interviews with China experts
- Conference calls and events
We are not content with general information that you can get everywhere. We go deeper to get details, data and perspectives you won't read elsewhere!
Already have an account? Sign In