Top Securities Regulator Voices Supports to Companies’ Overseas Listing

A total of 86 Chinese companies have completed regulatory registration for overseas share sales under the country’s new overseas listing regime since late March, a top securities regulatory official said.

The companies that filed for initial public offering overseas include some with a variable interest entity (VIE) structure. Fifty-one of them plan to list in Hong Kong while 35 are eyeing the U.S. market, said Fang Xinghai, a vice chairman of China Securities Regulatory Commission (CSRC) Thursday.