China releases depositary receipt rules for Shanghai-London stock connect

          Source: Xinhua| 2018-10-12 20:28:07|Editor: Li Xia
          Video PlayerClose

          BEIJING, Oct. 12 (Xinhua) -- The China Securities Regulatory Commission (CSRC) on Friday issued trial rules on depositary receipt business in the Shanghai-London stock connect program after seeking public comment for more than a month.

          The rules mark an important step for the program, which aims to allow stocks listed in Shanghai and London to be traded in each other's market by issuing depository receipts.

          The CSRC revised some items in the previous version, including the restricted redemption period for domestic companies issuing Global Depositary Receipts (GDRs) and the rights issue of overseas companies after their China Depositary Receipts (CDRs) offering.

          Effective upon release, the rules detailed procedures and requirements for the CDRs and GDRs issuances, such as the approval system, continued regulation and law enforcement.

          China will make active preparations for launching the Shanghai-London stock connect program and steadily push forward the opening-up in China's capital market, the CSRC said.

          TOP STORIES
          EDITOR’S CHOICE
          MOST VIEWED
          EXPLORE XINHUANET
          010020070750000000000000011100001375284871
          无码人妻一区二区三区四区av_亚洲精品911在线永久观看_精品一区二区国产在线观看_日韩不卡一区二区视频在线

                  亚洲色偷偷偷综合网另类小说 | 亚洲欧美日韩在线不卡 | 亚洲综合另类专区在线 | 亚洲网站在线观看 | 精品国产不卡久久 | 日本三级香港少妇 |