China regulators prepare to adopt a new IPO system

Global Business

A major change in China’s financial market is in the pipeline this year as financial regulators prepare to adopt an IPO registration system. The necessity of the shift is quickly growing because many experts say the old approval system is out of date. CCTV reporter Yang Chengxi filed this report.

China regulators prepare to adopt a new IPO system

China regulators prepare to adopt a new IPO system

A major change in China's financial market is in the pipeline this year as financial regulators prepare to adopt an IPO registration system. The necessity of the shift is quickly growing because many experts say the old approval system is out of date.CCTV reporter Yang Chengxi filed this report.

Highlights:

  • By adopting a registration system, many firms need only to be qualified to register with the securities authority before listing. Now with less stringent IPO requirements, many smaller companies that would have been difficult to list, could get a better chance.
  • Other investors are concerned that without an approval evaluation process by the regulator, more questionable firms might list in the market, posing risks to China’s army of retail investors who usually do not possess corporate analysis skills.

David Dollar on China’s financial market

For more on China’s IPO registration system, CCTV America’s Elaine Reyes spoke with David Dollar, senior fellow with the Foreign Policy and Global Economy and Development programs at the Brookings Institution.

David Dollar on China\'s financial market

David Dollar on China\'s financial market

For more on China's IPO registration system, CCTV America's Elaine Reyes spoke with David Dollar, senior fellow with the Foreign Policy and Global Economy and Development programs at the Brookings Institution.


Chinese stocks see biggest IPO in years

The China Mainland stock markets saw their biggest IPO in four years today, as China National Nuclear Power started its stock subscription. The IPO is so big there are some concerns that it will drain liquidity from the market. Still, shares in the nuclear sector climbed more than three percent today, riding on the tide of CNNP’s debut. The industry behemoth’s IPO is just the prelude, however, to other Chinese nuclear companies going public.  CCTV’s Lin Yijing filed this report.

Chinese stocks see biggest IPO in years

Chinese stocks see biggest IPO in years

The China Mainland stock markets saw their biggest IPO in four years today, as China National Nuclear Power started its stock subscription. The IPO is so big there are some concerns that it will drain liquidity from the market. Still, shares in the nuclear sector climbed more than three percent today, riding on the tide of CNNP's debut. The industry behemoth's IPO is just the prelude, however, to other Chinese nuclear companies going public.  CCTV's Lin Yijing filed this report.