CSRC’s Li Chao Pledges to Optimize IPO Listing Rules

TREE NEWS update: Li Chao, Vice Chairman of the China Securities Regulatory Commission (CSRC), stated on September 10 that the regulator will further enhance the inclusiveness and adaptability of the capital market system. Speaking at a briefing held by the State Council Information Office, Li said the CSRC will optimize its issuance and listing rules to support outstanding companies in emerging industries, future industries, and modern service industries. He further added that the CSRC will strengthen the “five major initiatives,” including technology finance, to contribute to new quality productive forces.