Feb 27, 2012 12:33 PM

Can Regulators Turn a Corner for IPO Reform?


"Is it possible to end IPO application reviews?" Posing this startling question recently was China Securities Regulatory Commission Chairman Guo Shuqing.

A fierce debate has ensued in the wake of Guo's remarks at an internal staff meeting. That's because the CSRC-led vetting process that affects every company seeking an initial public offering in China is the biggest, most stubborn impediment to efficient capital allocation through the nation's stock markets.

You've accessed an article available only to subscribers
Share this article
Open WeChat and scan the QR code