China Securities Regulatory Commission

Today, as the world faces an upheaval of the prevailing financial order, China is offering to share that financial powerhouse model of economic growth to revive the global economy, revealed in the 11th of September Global Times editorial.

The article reported on a press conference the previous day, where senior officials from China's four major financial regulators, the People's Bank of China, the National Financial Regulatory Administration, the China Securities Regulatory Commission, and the State Administration of Foreign Exchange, outlined the plan designed to forestall systemic risk, unleash credit for development, and build a more equitable system of financial governance.

Headlined Building a Financial Powerhouse Is of Profound Significance for China, World, the article reports that the global financial order needs updating.

Quote, "The existing international financial system is no longer fully capable of meeting the demands of economic globalization and the development of multilateralism.

Underwriters price the deal on roadshow demand.

China's process runs through the China Securities Regulatory Commission and the Shanghai Stock Exchange, with approval based on merit and mission.

The proof is in the rules themselves.

Beijing's opinions on establishing a Scitech growth tier placed commercial space under a fifth listing standard because the sector cannot meet ordinary profitability tests.

At the same time, China has handed a former securities regulator Wang Jianjun Jin, a life sentence for bribery.

The former vice chairman of the China Securities Regulatory Commission gets a full term sentence.

Various former regulators have also been arrested of late.

The full story of that was, of course, in Exchange Invest.