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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 have found that there are 11 stocks whose stock market value exceeds US$32 billion as of now, and those that have already been listed in China PetroChina, Sinopec, China Life Insurance, China Unicom, and CNOOC, which are not innovative companies, are eligible. There are only six companies, namely Alibaba, China Mobile, Baidu, Jingdong, NetEase and China Telecom.

                (Editor: DF142)

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