China to address market concerns about offshore listing rules - regulator quoted

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China to address market concerns about offshore listing rules - regulator quoted
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HONG KONG : Chinese authorities will address the concerns of international investors when finalising new rules for offshore listings, two sources quoted a senior regulatory official as telling a lobby group for foreign financial firms.Western banks have been rattled by proposed rules for overseas listings

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HONG KONG : Chinese authorities will address the concerns of international investors when finalising new rules for offshore listings, two sources quoted a senior regulatory official as telling a lobby group for foreign financial firms.

Shen added that there was a very strong consensus among different authorities in China about supporting capital markets, the sources said. The CSRC did not immediately comment. ASIFMA, which counts 52 global banks and other financial institutions among its members, declined to comment. The sources declined to be identified as they were not authorised to discuss the meeting.

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