China is also ending approval-based IPOs and switch to a registration system, which requires the CSRC
to focus more on policy making and supervision, said Zhang Cheng, an securities analyst with Datong Securities in a Friday interview with Legal Evening News.
Xiao Gang, a former central banker and Bank of China chairman who was named head of the CSRC
in March, said on November 19 the shift to a looser IPO system must be gradual to avoid shocks to the market.
According to Dr Tong Dao Chi, Director-General of the Department of International Affairs of the CSRC
: "The CSRC
welcomes the establishment of a Direct Listings mechanism and associated arrangements, supporting Chinese domestic enterprises that have fulfilled the listings criterion set by the overseas markets, and in accordance with their respective development needs to choose to list overseas.
Xiao Gang, chairman of Bank of China , the country's fourth-largest bank by assets, is a leading candidate to replace Guo at the CSRC
, the other source said.
Special Publications are very readable, even for less technical individuals, and typically include a glossary of terms, explanations of security risks and practical advice for mitigating those risks, whether through local controls or in negotiating with a vendor or business associate.
welcomes over 200 people of all ages with special needs to its facility every week.
China has so far granted QFII status to 158 institutions from 23 countries, CSRC
said in the statement.
Caroline Dawson (left) and Eleri Roberts (right) with CSRC
trustee Pat Turner and stable girl Izzy Proceeds from the event have now been shared between St Kentigern Hospice and Clwyd Special Riding Centre, Llanfynydd.
Liu Jian, the Chinese Ambassador, inked it on behalf of the CSRC
head Noor Ahmad Nazari, told Pajhwok Afghan News on Wednesday appointment letters would be issued to 31 successful candidates after formal procedure.
The Fund was approved by CSRC
in September 2007 and is the first QDII equity fund launched in China, raising RMB30 billion at the initial stage, with a quota of US$5billion.
The listing status in Hong Kong is suspected of having been acquired by way of fabrication of accounting information,'' the CSRC
was quoted as saying in a Sept.