China Targets Transparency as Regulators Prepare for a Record Number of IPOs

China’s securities regulator published a set of guidelines for companies applying to make initial public offerings (IPOs), in a bid to be more transparent and stabilize market expectations.

The new guidelines, issued by the China Securities Regulatory Commission (CSRC) late on Thursday, come as China is poised to approve a record number of IPOs in 2017, while also tightening its grip during the vetting process to ensure the quality of listed companies.

In the form of a Q&A, CSRC clarified...

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