The Commission will do the work of Shanghai renntun regulations issued the next step
Shanghai renntun getting closer. Yesterday (October 12th), the Commission formally issued "on the Shanghai stock exchange and the London Stock Exchange interconnection depository business regulations (Trial)", from the date of promulgation.
According to the present market stakeholders opinions and suggestions, the Commission on the "Regulations" Shanghai renntun regulatory draft made perfect corresponding amendments to domestic companies listed on overseas issuance of Depository Receipts (GDR) after the restrictions against the back stage, overseas based issuers of securities within the territory issued Depositary Receipts (CDR) after the implementation of allotment etc..
Next, the Commission will continue to do the same on the Shanghai renntun preparation work, and unswervingly push forward the opening of China's capital market. The Shanghai stock exchange and China settlement will further improve the relevant business rules.
Source: Beijing evening news reporter Yu Jian