China Eases Overseas Listing Rules, Paving Way for Rebound
- Regulator pledges to support companies using VIE structures
- Separate measures may ease path for domestic stock sales
One World Trade, center, in lower Manhattan in New York.
Photographer: Victor J. Blue/BloombergThis article is for subscribers only.
China’s securities regulator has toned down curbs on local companies seeking initial public offerings overseas just as the economic rebound sparks renewed interest in the country’s assets.
In the final rules published Friday, the China Securities Regulatory Commission said it would support the listing of firms with so-called variable interest entity structures if they are compliant, signaling a softening stance toward the country’s capital markets.