China moves to lure more red chip stocks to mainland markets

Program to let Chinese companies listed offshore do so on mainland expands

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A sign for China's STAR Market: There are now three ways for red-chip companies to sell shares in China. © Reuters

LIU CAIPING and HAN WEI, Caixin

China's securities regulator broadened the path for more overseas-traded Chinese companies to sell shares on mainland markets as part of a government push to expand the country's capital markets and support innovative businesses.

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