New IPO rules and challenges for domestic funds

July 29, 2009 | BY

clpstaff &clp articles

Hubert TseYuan Tai PRC Attorneyshuberttse@yuantai.com.cnThe China Securities Regulatory Commission (CSRC) announced the resumption of IPOs soon after releasing…

Hubert Tse
Yuan Tai PRC Attorneys
huberttse@yuantai.com.cn

The China Securities Regulatory Commission (CSRC) announced the resumption of IPOs soon after releasing the Guiding Opinion on Further Reform and Enhancement of the System for Offering of New Shares (New Opinion) (《关于进一步改革和完善新股发行体制的指导意见》), which took effect on June 10. IPOs had been suspended since September 2008.

New Opinion main provisions

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