Abstract
This article discusses and analyses the latest capital markets law reform in China, which involves the launch of the star market (sci-tech innovation board) at the Shanghai Stock Exchange as well as the introduction of the “registration-based” IPO regime to replace the previous “approval-based” system. The article considers whether laws can be used as a useful and transformative tool to create deep and liquid capital markets and to promote technological developments.
Original language | English |
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Pages (from-to) | 394-412 |
Journal | International Company and Commercial Law Review |
Volume | 31 |
Issue number | 7 |
Publication status | Published - 1 Jul 2020 |
Keywords
- China
- Digital technology
- Financial markets
- Capital Market
- Stock Exchange
- Initial public offerings
- IPO
- Innovation
- Financial Regulation
- Law and Finance