Overall plan of the New OTC Market reform

On the afternoon of the 25th, the CSRC announced the overall plan for deepening the new over-the-counter market (New OTC Market) reform, involving the rules of the CSRC, the rules and guidelines of the national stock transfer company, technical preparation and staffing, etc., forming a market structure of “basic level, innovation level and selection level”. Public offering of innovation layer to non-specific qualified investors Selection layer to undertake the listed companies implementing public issuance on the new OTC Market Introducing public funds to invest in quality enterprises on the new OTC Market Enterprises that meet the conditions for listing onRead More →

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