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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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 (CSRC) on Sunday indicated it would loosen its grip on the nation's stock markets.
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