Singapore exchange, CSRC cooperate on IPOs of Chinese firms

The China Securities Regulatory Commission will launch cooperation projects with the Singapore stock exchange to promote initial public offerings by Chinese companies in the city-state, the commission said on Friday.

Last month, Singapore Exchange Ltd wrote to the CSRC asking it to boost cooperation projects to support Chinese companies planning to go public in Singapore.

At the time, Singapore Exchange also said it would release further statements to confirm the IPO procedures and requirements for Chinese companies planning to get listed there.