Tuesday, October 31, 2000, updated at 09:10(GMT+8)
Business
The Second Board to Be Launched in the 1st Quarter of Next Year: Anthony Neoh
When interviewed by CCTV's Economy 30 Minutes program, Anthony Neoh, chief advisor of China Securities Regulatory Commission (CSRC), pointed out that the merger of A and B shares markets was inevitable and the second board was predicted to be launched in the first quarter of next year.
If foreign investors are allowed to enter China's A-share market, B-share market will not be necessary to exist, so the merger will be inevitable. All the related rules and regulations are expected to be launched in November, and then the application will be accepted and the second board will be actually launched in the first quarter of next year, Anthony said.
Anthony Neoh, chief advisor of China Securities Regulatory Commission (CSRC), pointed out that the merger of A and B shares markets was inevitable and the second board was predicted to be launched in the first quarter of next year.