CSRC Chairman Vows to Strictly Hold IPO Threshold

What’s new: China’s top securities regulator said it is the responsibility of listed to improve their quality, but they also need better external environment.

The regulator vowed to strictly hold the IPO threshold and make every effort to block fraudulent companies from the capital market, Wu Qing, chairman of China Securities Regulatory Commission (CSRC), said at an economic theme press conference during the annual national legislative meetings known as the “Two Sessions” Wednesday.