China's new IPO system to help streamline debuts


BEIJING (China Daily/Asia News Network): The nearing adoption of a registration-based IPO system across China's A-share market will mark a significant milestone in the country's capital market reforms and be a boon for the real economy, experts said on Tuesday (Dec 14).

"We are eager to see that the registration-based system will be launched on all the boards as it will help shorten the IPO process, ease listing requirements and boost the appeal of the A-share market relative to overseas listing venues," said David Chin, head of investment bank in Asia-Pacific for UBS, the Swiss bank.

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