Caixin OnlineFinance & EconomicsTop Stories Finance Securities Chief Ready to Share IPO Oversight
02.08.2012 12:05

Securities Chief Ready to Share IPO Oversight

Change is coming for a heavily regulated stock debut process that's been losing institutional investor support
By staff reporter Zheng Fei
 

The government's securities regulator appears to be stepping back from its traditional role as the nation's gatekeeper for new stock listings.

Ending a listing approval process and streamlining information disclosure for investors are expected to be among the reform steps adopted in coming months by the China Securities Regulatory Commission (CSRC) under recently appointed Chairman Guo Shuqing, a source close to the commission told Caixin.

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