China - New IPO system to promote reforms across the entire A-share market

Implementation of the registration-based initial public offering mechanism in the A-share market will help in the sustained development of the capital market, according to experts.

The Financial Stability and Development Committee under the State Council said after a meeting on Oct 31 that the ratio of direct financing in the market will increase after the registration-based IPO mechanism is implemented across the entire A-share market.

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