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China to loosen up restrictions in free trade zones

Companies registered in Shanghai free trade zones can start selling shares

According to sources quoted by The Wall Street Journal, China is considering allowing foreign companies registered in the Shanghai free trade zone to raise capital by selling shares.

This is a departure from how the state-run stock market has operated in the past, as the proposal would allow companies that meet certain criteria to sell shares in a new trading platform. It is unclear when this would go into effect.

Senior Editor and Community Manager

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Rich Steeves

Richard P. Steeves is Senior Editor and Community Manager of InsideCounsel magazine, where he covers the intellectual property and compliance beats. Rich earned a B.A....

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