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The State Council issued the CDR pilot opinion

March 30, 2018 22:02
source: Securities Times Network
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The General Office of the State Council shall forward the Circular of the China Securities Regulatory Commission on Several Opinions on Launching Pilot Projects for the Issuance of Domestic Shares or Depositary Receipts within the Innovative Enterprise . According to the notification conditions, we found that as of today, there are 11 stocks with a stock market value of more than US$32 billion, and China PetroChina, Sinopec, China Life Insurance, China Unicom, and CNOOC, which is not an innovative company, have met the conditions. There are only 6 companies, namely Alibaba, China Mobile, Baidu, Jingdong, Netease and China Telecom.

                (Editor: DF142)

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