IPO rules move China towards investor driven market

June 17, 2009 | BY

clpstaff &clp articles

China's new rules governing IPO pricing could signal a reduced government involvement in the listing process and allow for more market-driven pricing.The…

China's new rules governing IPO pricing could signal a reduced government involvement in the listing process and allow for more market-driven pricing.

The rules, following draft guidelines issued by the China Securities Regulatory Commission (CSRC) on June 5, should allow the market to regulate itself through a new pricing mechanism.

“I don't think the Chinese government will move to a completely autonomous regime, at least not in short term, but this is a step in the right direction,” said Paul Chow, partner at Linklaters in Beijing.

This premium content is reserved for
China Law & Practice Subscribers.

  • A database of over 3,000 essential documents including key PRC legislation translated into English
  • A choice of newsletters to alert you to changes affecting your business including sector specific updates
  • Premium access to the mobile optimized site for timely analysis that guides you through China's ever-changing business environment
For enterprise-wide or corporate enquiries, please contact our experienced Sales Professionals at +44 (0)203 868 7546 or [email protected]