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Chen Gong: China Should Expand Its Stock Market Openness

It is said that CSRC intends to verify 51 IPO companies, meaning all of the IPO companies in China will be involved in the verification process. If the information is true, then CSRC will once again return to the intervention of listing process via executive power. ANBOUND"s Chief Researcher Chen Gong pointed out that the key problem is to push the stock market index higher in order to achieve normal stock market investment value. The key solution to the problem is to open the secondary stock market to the foreign capital.

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