CSRC streamlines IPOs as China doubles down on ‘high-level’ market opening amid trade war

Quick Summary:

CSRC to help high-quality firms listed overseas offer shares in mainland China and Hong Kong, chairman Wu Qing says.

As part of further efforts to stabilise China’s financial markets and attract foreign investment, the CSRC planned to simplify the approval and account-opening process for qualified foreign institutional investors, encourage foreign firms to apply for licenses in securities and fund advisory services, and support them in setting up yuan-denominated funds investing in China, Wu said.

A decoupling could trigger a US$2.5 trillion sell-off in stocks and bonds, which would force US investors to offload nearly US$800 billion of Chinese stocks, Goldman Sachs said in April.

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Article Details

Author / Journalist: Yuke Xie

Category: Business

Markets: Hong KongChina

Topics: Mainland Decoupling Firms Securities Hong Kong Financial China Chinese Help Foreign

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-07 @ 14:08:26 (16 hours ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 344 words

Reading Time: 2 minutes read

Sentences: 9 lines

Sentence Length: 39 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 28462207

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