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China pledges to speed up approval of stock listings

Faster approvals will attract new capital and boost investor confidence, says the top securities regulator

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China's pledge to speed up IPO approvals comes as over 600 firms seeking to list in the market struggle with long wait times, followed by seemingly arbitrary approvals.

Beijing

CHINA'S top securities regulator has pledged to speed up approvals of initial public offerings (IPOs), as the government seeks to attract capital and boost domestic growth.

Buoyed by the capital market's recovery from a 2015 rout, the China Securities Regulatory Commission

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