Published: 10:42, January 29, 2021 | Updated: 03:11, June 5, 2023
IPOs, delisting in China regulator focus to curb risks
By Xinhua

This undated photo shows a man standing next to the China Securities Regulatory Commission office building in Beijing. (PHOTO PROVIDED TO CHINA DAILY)

BEIJING - China's securities watchdog said on Thursday that it would toughen regulations and risk prevention in 2021.

Efforts will be made to maintain the normalization of initial public offerings (IPO) and refinancing activities, and optimize the mechanism of commodity and financial futures, according to a work conference of the China Securities Regulatory Commission.

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China's securities watchdog will unveil stricter measures to prevent disorderly capital expansion

While tightening the information supervision of companies to be listed, the commission will unveil stricter measures to prevent disorderly capital expansion.

Stressing steady efforts to apply the registration-based IPO system to all markets, the commission said it will seek more delisting approaches.

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The commission also vowed tight monitoring of market liquidity and financial leverage. 

At its annual work conference on Tuesday, the watchdog said that it will step up regulation of financial activities on internet platforms. That also means comprehensively including financial activities in its scope of supervision in accordance with laws, treating the same types of businesses equally and putting the same types of market players on an equal footing, it said.