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Hopeland Chem-Tech Co., Ltd.
Add.: Rm. B-1708, Taaffeite International Commerce Plaza, 4th Gaoxin Road, Xi'an City, Shaanxi Province, China
Postal Code: 710075
Wechat , WhatsApp, Mobile: +86 13488269990
Tel: +86 13488269990
Email: 85xianji@85xianji.com / icec0529@163.com
Website: www.aac-machine.com
 
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CSRC mulls international board
Date:2010/11/30      View:1484
 
China Securities Regulatory Commission (CSRC) is considering launching an international board on the mainland stock exchanges, reported Monday citing the commission's Vice-Chairman Yao Gang.

The board is crucial for Chinese mainland stock exchanges to go international, and the process is accelerating, the newspaper reported quoting Yao as saying on a forum on Nov 27.

The international board admits foreign companies and overseas registered companies to issue yuan-denominated stocks on mainland exchanges.

Some major legal questions must be tackled before the launch of the board, as the 2006 amendment of the company law and securities law does not cover foreign companies, or overseas registered companies. A series of laws are needed to regulate these new businesses, said Yao.
 
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Hopeland Chem-Tech Co., Ltd.
Add.: Rm. B-1708, Taaffeite International Commerce Plaza, 4th Gaoxin Road, Xi'an City, Shaanxi Province, China
Postal Code: 710075
Wechat , WhatsApp, Mobile: +86 13488269990
Tel: +86 13488269990
Email: 85xianji@85xianji.com / icec0529@163.com
Website: www.aac-machine.com
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