China Simplifies Application Rules for Foreign Securities Companies

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Last updated at: (Beijing Time) Thursday, July 25, 2002

China Simplifies Application Rules for Foreign Securities Companies

China 's two mainland stock exchanges Thursday issued regulations allowing foreign securities firms to directly apply for B-share trading seats without going through domestic intermediaries.

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China 's two mainland stock exchanges Thursday issued regulations allowing foreign securities firms to directly apply for B-share trading seats without going through domestic intermediaries.

The simpler application procedure is part of China 's World Trade Organization commitment to provide a less complicated and restrictive business environment for foreign companies.

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