CSRC shows renewed support for overseas IPOs

On January 11, vice chair of the China Securities Regulatory Commission (CSRC) Fang Xinghai spoke at the inaugural meeting of the China Association for Public Companies’ (CAPC) overseas-listed companies department – where he offered official support for Chinese companies to once again list overseas.
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Stock exchanges tighten scrutiny of program trading

These rules have long been in the works and are necessary to comply with provisions of the Securities Law.  That said, it’s also no coincidence that the measures were released in conjunction with the slew of recent actions to bolster stock prices in the wake of the Politburo’s July call to “enliven capital markets and restore investor confidence…”
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Regulators announces numerous measures to reform equity markets, boost prices

Some of these measures are clearly aimed at stimulating short-term investor appetite to purchase stocks, and to hopefully increase market confidence. But they are also a genuine attempt to make markets more functional, accessible, and efficient in the long term, so that more investor and household cash flows into equity markets as a matter of course…
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Block trading to be introduced on Stock Connect

Improvements to the Stock Connect program have been a notable bright spot vis-a-vis China’s otherwise decelerating financial opening. This is just one of numerous recent incremental moves to expand the scope of the Connect, which has become the primary access point to mainland markets for foreign investors…
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