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CSRC Relaxes Rules on Follow-on Offerings by Listed Companies: Changes and Impacts
The CSRC has significantly relaxed pricing and lock-up restrictions which were in effect since 2017. The new changes are expected to boost fundraising by public companies through non-public offerings and incentivize private investments in public equities. (Full text in Chinese only)
· 证监会发布再融资新规、多举措鼓励PIPE.pdf