China mulls amendment to securities law

Source: Xinhua| 2019-04-20 10:52:15|Editor: Liangyu
Video PlayerClose

BEIJING, April 20 (Xinhua) -- A draft amendment to the Securities Law was submitted Saturday to a bimonthly session of the National People's Congress Standing Committee, China's top legislature, for a third reading.

The latest revisions to the law include rules on the newly-devised science and technology innovation board, which pilots a registration-based initial public offering (IPO) system.

Under the current IPO system, new shares are subject to approval from the China Securities Regulatory Commission before being listed.

Other revisions in the draft are made in light of new progress of reforms and new developments of the capital market.

Previously, a draft amendment to the law was submitted to the top legislature for the first reading in April 2015, mainly to meet the legislative demand of reforming the IPO system toward a registration-based one.

New revisions were submitted for a second reading in April 2017 to improve regulation on such areas as stock trading, acquisitions of listed firms, information disclosure and investor protection.

KEY WORDS:
EXPLORE XINHUANET
010020070750000000000000011100001379928061
国产无码在线观看免费在线,37pao国产成视频,日韩一区二区视频在线,国产国产人免费人成免费视频麻豆
日本视频一区二区 | 日本中文一二区高清精品在线 | 三级国产片在线观看 | 五月婷婷丁香视频在线 | 色国产精品一区在线观看 | 精品国产丁香五月天在线观看 |