Decision on Revising the Administrative Measures for Initial Public Offerings and Listing of Stocks

Decision on Revising the Administrative Measures for Initial Public Offerings and Listing of Stocks

Decision on Revising the Administrative Measures for Initial Public Offerings and Listing of Stocks

Order of the China Securities Regulatory Commission No.141

June 6, 2018

The Decision on Revising the Administrative Measures for Initial Public Offerings and Listing of Stocks, deliberated and adopted at the first chairman executive meeting in 2018 of the China Securities Regulatory Commission on January 15, 2018, is hereby promulgated and shall come into force as of June 6, 2018.

Chairman of the China Securities Regulatory Commission: Liu Shiyu

Decision on Revising the Administrative Measures for Initial Public Offerings and Listing of Stocks

A new paragraph is introduced into Article 26 as its second paragraph, reading "pilot enterprises identified by the China Securities Regulatory Commission in accordance with the Several Opinions on Launching the Pilot Program of Domestically Issuing Stocks or Depository Receipts by Innovative Enterprises and other provisions (hereinafter referred to as the "pilot enterprises") may not be subject to the first and the fifth items under the preceding paragraph."

Article 49 is revised to read "an issuer will have to, before the issuance of stocks, make a prompt announcement in only one newspaper or periodical designated by the CSRC, to inform investors of the website of online publications.
  ......
Please consent to the LexisNexis Terms and Conditions and Privacy Policy.