Chinese regulator unveils draft CDR rules

Beijing_230
By Jonathan Breen
07 May 2018

China’s stock market regulator has published draft rules for the issuance and listing of China Depositary Receipts (CDRs).

CDRs are securities designed for offshore-listed companies to float in the mainland’s A-share market. They have been flagged as a means for China to bring home its US-listed technology firms, with the first CDR listings expected to come from the likes of Alibaba Group Holdings, Baidu and NetEase.

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