trending Market Intelligence /marketintelligence/en/news-insights/trending/gfrh0bo1sh5a16iqwkbriw2 content esgSubNav
In This List

China allows foreign-listed companies to raise funds in domestic market

Podcast

Next in Tech | Episode 50: InfoSec spending up, again…

Blog

Broadcast deal market recap 2021

Podcast

Next in Tech | Episode 49: Carbon reduction in cloud

Blog

Volume of Investment Research Reports on Inflation Increased in Q4 2021


China allows foreign-listed companies to raise funds in domestic market

China's securities regulator has adopted rules that will allow foreign-listed Chinese companies to raise funds in the domestic market, providing local investors access to U.S.-listed firms such as Alibaba Group Holding Ltd. and Baidu Inc.

The China Securities Regulatory Commission said the trial rules would enable certain overseas-listed Chinese companies to launch secondary listings in the domestic market through the issuance of China depositary receipts, Reuters reported. The regulator said it has set stringent selection criteria and would control the size, timing and pace of any issuance of the receipts.

The rules take effect immediately, Reuters said June 7. The commission approved June 6 the launch of six Chinese mutual funds that would be allowed to invest in the upcoming listing of high-tech companies.