April 27, 2019 / 6:20 AM / 5 months ago

China's securities regulator says has not changed rules for IPO review

FILE PHOTO - An advertising board (L) showing a Chinese stone lion is pictured near an entrance to the headquarters (R) of China Securities Regulatory Commission (CSRC), in Beijing, China, September 7, 2015. REUTERS/Jason Lee/File Photo

BEIJING (Reuters) - China’s securities regulator said on Saturday that it had not adjusted any policies on reviewing company applications for initial share offering.

The China Securities Regulatory Commission said in a statement published on its website that it will continue to strictly control the access to capital market and enhance market anticipation to better serve high-quality development of the real economy.

Bloomberg reported on Friday that China was speeding up and simplifying the review process for IPOs, in an effort to improve company financing channels.

Reporting by Beijing Monitoring Desk; Editing by Michael Perry

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