Regulators are set to promote the normalization of initial public offerings in the A-share market for a more sustained development of the Chinese capital market, according to the China Securities Regulatory Commission.
Four State-owned financial newspapers published stories on Monday quoting people close to the CSRC as saying that the regulator will continue to advance the normalization of initial public offerings in the hope of developing equity financing, optimizing the quality of listed companies and better serving the real economy.
CSRC will also emphasize the balanced development of both investment and financing. Stocks issuance, registration and market tolerance will be connected organically to avoid risks. "There will neither be a suspension of IPO approvals nor collective approvals," said the people close to the regulator.
