The policy statement released at the end of the Third Plenum announced that China would establish a registration-based system for IPOs. This system would allow companies that meet certain requirements to register for listing.
“Remarkable” reform to hit China's capital markets
As the Third Plenum came to an end, Beijing approved radical reforms to the country's capital markets. A new registration-based system could see the market open-up and align with international standards
By
clpstaff