China publishes rules on issuance of China Depository Receipts: CSRC

China’s securities regulator said on Friday it has published rules on the issuance of China Depository Receipts, or CDRs, which could open the door to some of the country’s top tech firms issuing a form of the shares. Issuance of CDRs, similar to American depository receipts, would be done in compliance with Chinese securities law, a spokesman for the China Securities …

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