Yi Huiman, new CSRC(China Securities Regulatory Commission) Chairman, talks to media after the presser about the new Hi-tech Board and the pilot IPO registration system at a press conference at the State Council Information Office in Beijing on Wednesday Feb. 27, 2019. Photo: SCMP/Simon Song
China’s securities regulator raises doubts about readiness of new tech board in debut meeting with press
- Yi Huiman, veteran banker and chairman of the China Securities Regulatory Commission, said he had been working with different research and audit departments to stabilise the market
- Yi questioned the capabilities of domestic banks in pricing and underwriting new shares
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China stock market
Yi Huiman, new CSRC(China Securities Regulatory Commission) Chairman, talks to media after the presser about the new Hi-tech Board and the pilot IPO registration system at a press conference at the State Council Information Office in Beijing on Wednesday Feb. 27, 2019. Photo: SCMP/Simon Song