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GorillaGorilla

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GorillaGorilla

Re: None

Thursday, 12/02/2010 6:02:34 AM

Thursday, December 02, 2010 6:02:34 AM

Post# of 94785
Foreign firms' path to the A-share market eased

BEIJING - Chinese authorities are accelerating the process to allow overseas companies to float shares in the domestic A-share market as a way to ease the country's mounting pressure of "hot money" inflows.

"The international board will be launched some time next year, hopefully," Fang Haixing, director general of Shanghai's financial services office, said on Wednesday at a financial forum in Shanghai.

Fang said that the approval procedures for overseas companies seeking listing on the board will be made simpler and faster than for domestic companies.......

http://www.chinadaily.com.cn/business/2010-12/02/content_11641964.htm

rich
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