Feb. 17 marked one of the most important milestones in the regulatory overhaul of China's stock market. The country finally completed the rollout of a registration-based IPO system in its A-share market and issued new supervision rules for overseas listings by Chinese companies. The latter, which had been open for public feedback since December 2021, essentially expands the registration-based system to cover overseas listings. (Editor's note: The registration-based IPO reform fundamentally lets the market make the choices under a framework of tightened market and legal constraints.

https://www.caixinglobal.com/2023-03-09/opinion-why-did-china-revamp-its-overseas-ipo-rules-102006503.html

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