China Eases Overseas Share Sale Rules, Paving Way for IPO Rebound

Chinese companies have struggled to sell shares in New York amid tightening scrutiny at home and from the U.S. Securities and Exchange Commission.

(Bloomberg) — China’s securities regulator 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 final rules published Friday, the China Securities Regulatory Commission (CSRC) said it would support share sales by companies with so-called variable interest entity structures if they are compliant, signaling a softening stance toward the country’s capital markets.