Yao Gang, vice-chairman of the China Securities Regulatory Commission, pledged to “deepen” China’s capital markets reforms and to make sure Hong Kong is one of the main beneficiaries of the changes.
Speaking at the Asian Financial Forum in Hong Kong, Mr Yao said the CSRC would “open the door wider for small and medium enterprises to list in Hong Kong”.
Until now, Chinese listings in Hong Kong – one of the main routes for foreigners to invest in China – have been dominated by large state-owned enterprises such as banks and energy companies.
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