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China Securities Regulatory Commission (CSRC): Optimizing the arrangement of issuance and listing system on the Beijing Stock Exchange (BSE) to expand the investor base.

Sep. 18, 2023  00:02

TiPost App September 1st News: The China Securities Regulatory Commission issued the "Opinions on the High-Quality Construction of the Beijing Stock Exchange". The "Opinions" propose the following work measures:

1. Accelerate the supply of high-quality listed companies. Effectively improve the structure of newly listed companies, comprehensively enhance the quality of listed companies, and optimize the arrangement of issuance and listing systems.

2. Steadily promote market reform and innovation. Continuously enrich the product system, improve and refine the trading mechanism, adjust and optimize the underwriting system for issuance, strengthen the interconnection of multi-level markets, and expand the investor base.

3. Fully optimize the market development foundation and environment. Give full play to the role of intermediary institutions, continuously improve regulatory efficiency, improve market risk monitoring, early warning and assessment mechanisms, promote institutional opening-up to the outside world, and play a role as a field for reform experiments.

4. Strengthen organizational guarantee. Strengthen organizational leadership, enhance full-chain supervision and balance, and do a good job in news and public opinion guidance.

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