摘要
On November 28, Zhang Xiaojun, spokesman for the China Securities Regulatory Commission （CSRC）, China＇s top securities regulator, said a draft plan to reform the nation＇s stock issuance regime had been completed and would be pre- sented to the State Council, China＇s cabinet for review before the end of November. Under the plan, China will switch to a registration-based system for new share listing from the current approval-based system.
On November 28,Zhang Xiaojun,spokesman for the China Securities Regulatory Commission(CSRC),China’s top securities regulator,said a draft plan to reform the nation’s stock issuance regime had been completed and would be pre sented to the State Council,China’s cabinet,fo review before the end of November.Under the plan,China will switch to a registration-based system for new share listing from the curren approval-based system.
