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CSRC Chair Encourages Qualified Domestic Firms to Go Overseas for Listing, Helps Tariff-affected Firms to Relieve Difficulties in Shr Pledges & Use of Refinanced Funds
At a State Council Information Office press conference, Wu Qing, Chairman of the China Securities Regulatory Commission (CSRC), emphasized strengthening multi-tiered capital market...
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CSRC Chair Encourages Qualified Domestic Firms to Go Overseas for Listing, Helps Tariff-affected Firms to Relieve Difficulties in Shr Pledges & Use of Refinanced Funds
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At a State Council Information Office press conference, Wu Qing, Chairman of the China Securities Regulatory Commission (CSRC), emphasized strengthening multi-tiered capital market products and services, encouraging eligible domestic companies to list overseas in compliance with regulations to enhance global market expansion.

In parallel, the CSRC also supports listed companies in transforming through mergers and acquisitions (M&As). The commission is revising regulations on major asset restructurings for listed companies and refining supporting measures for the “M&A Six Provisions” to provide greater support for M&A activities.

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For listed companies immensely impacted by tariffs, the CSRC will enhance oversight on share pledges and the use of refinanced funds to help alleviate difficulties, Wu noted. The commission will also improve exemptions for information disclosure rules to facilitate effective communication between listed companies and investors.

Addressing the impact of U.S. tariffs, Wu stated that many listed companies have disclosed details through announcements and earnings briefings. Overall, U.S. tariff policies disrupt global trade order, inevitably affecting listed companies’ operations, particularly those with high exposure to U.S. exports.

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