Confusion over China IPO approvals

Author: | Published: 15 Mar 2010

China Securities Regulatory Commission (CSRC) is to consider scrapping approvals for initial public offerings (IPOs) in favour of registration. But observers doubt it will happen any time soon.

On March 7, Zhu Congjiu, assistant to the head of CSRC, announced that the regulator would discuss requiring the registration of IPOs, rather than a full approvals process.

“I can’t...