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Exclusive: China regulators tell banks to expedite offshore company listings, sources say


Published on 2024-12-09 09:20:46 - Reuters
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  • Regulators in mainland China and Hong Kong have told some of the world's biggest investment banks to help speed up Chinese companies' listings in the city, said sources, in a bid to boost fundraising overseas and revitalise the world's No.

China's banking regulators have instructed major banks to expedite the process for offshore listings of Chinese companies, aiming to facilitate easier access to international capital markets, according to sources cited by Reuters on December 9, 2024. This directive comes as part of broader efforts to support the international expansion of Chinese firms amidst economic recovery and global market integration. The move is intended to streamline regulatory hurdles, reduce listing times, and enhance the competitiveness of Chinese companies on global stock exchanges. However, the specifics of how these changes will be implemented remain under discussion, with regulators emphasizing the need for compliance with both domestic and international financial regulations.

Read the Full Reuters Article at:
[ https://www.reuters.com/business/finance/china-regulators-tell-banks-expedite-offshore-company-listings-sources-say-2024-12-09/ ]