To list on the new board, redchip companies need not delist from bourses outside the mainland, according to the CSRC. Red-chip companies are allowed to list on the new board by issuing Chinese Depositary Receipts or CDRs, it said.
To tackle the acute gap created by the low bank penetration rate in parts of Southeast Asia, where a huge number of cash-based individuals are unable to access credit and other financial facilities, Hong Kong-based startup Oriente has stepped in with the panacea.
To help ease the burden of companies in distress, local governments have introduced a series of supportive policies such as reducing tax, cutting electricity prices and lowering lending rates.
To promote the recovery of trade and resumption of production, Shenzhen Customs has taken 20 practical measures to ensure convenient and efficient customs clearance for international trade enterprises.
To stabilize the financial sector in the short term, China should try to avoid massive currency depreciation, avoid price increases of exports, lower inflationary pressure and keep interest rates at a low level. [Photo/IC]
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To improve safety and quality of aquatic products, Zhang said the authorities will intensify supervision of the use of veterinary drugs, and severely fight irregularities such as the production or sale of fake or substandard drugs for aquaculture.
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To reward his bravery, Hangzhou Qiandao Lake Development Group, which operates several fish restaurants, announced on its WeChat account on Monday that it would provide Liu free fish heads for life.
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