Updated
Updated · South China Morning Post · Jun 22China Backs Foreign Firms for Domestic Listings, Speeds M&A Rule Revisions
2 articles · Updated · South China Morning Post · Jun 22Summary
- A government circular issued Monday said China will support qualified foreign-funded companies seeking listings on domestic capital markets.
- The same document said regulators will accelerate revisions to rules governing mergers and acquisitions involving foreign and domestic firms.
- The move signals a broader push to ease foreign companies' access to China's equity market while encouraging cross-border and domestic dealmaking.
Insights
With its economy slowing, can China’s stock markets truly deliver on their promise to foreign companies? As China lures foreign firms to its stock markets, is it offering a golden opportunity or a gilded cage?