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China securities regulator announces draft rules for new stock exchange

China securities regulator announces draft rules for new stock exchange

FILE PHOTO: A Chinese national flag flutters near the building of China Securities Regulatory Commission (CSRC) at the Financial Street area in Beijing, China July 16, 2020. REUTERS/Tingshu Wang

SHANGHAI : China's securities regulator announced draft rules for share sales trading and delisting on the new stock exchange in Beijing on Friday.

The China Securities Regulatory Commission announced the rules at a press briefing after Chinese President Xi Jinping unveiled plans for a new exchange late on Thursday.

(Reporting by Samuel Shen and Andrew Galbraith; Editing by Andrew Heavens)

Source: Reuters

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