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China to pilot domestic listing, CDR issuance for innovative firms

Xinhua,March 30, 2018 Adjust font size:

BEIJING, March 30 (Xinhua) -- China announced Friday a pilot program to support innovative companies' domestic listing and issuance of China Depositary Receipts (CDRs).

The pilot scheme will cover companies in the high-tech or strategic emerging industries such as Internet, big data, cloud computing, artificial intelligence, software and integrated circuit, as well as high-end equipment manufacturing and biological medicine, according to a document from China Securities Regulatory Commission. Enditem