In the News: ChiNext Reforms; Hong Kong Listings; and AmEx Approval
June 15, 2020 | BY
Vincent ChowChiNext finalizes reforms liberalizing listing process while tightening disclosure requirements; Hong Kong sees major secondary listings in quick succession with Nasdaq-listed NetEase and JD.com; and American Express becomes first foreign player approved to offer card-clearing services in China
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ChiNext commences new registration-based IPO system
China's ChiNext board has launched its new registration-based initial public offering (IPO) system. On June 12, the China Securities Regulatory Commission (CSRC) and Shenzhen