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    Work on IPO reform 'going smoothly'

    By Chen Jia in Beijing and Wu Yiyao in Shanghai | China Daily | Updated: 2013-04-13 07:54

    Work on reforming China's initial public offering system is progressing smoothly, according to officials at the China Securities Regulatory Commission.

    A spokesman for the securities regulator said new policies "to deepen IPO reform will be released officially at the right time," without elaborating.

    The reforms are expected to focus on requiring public enterprises to release accurate and transparent information, and reducing administrative intervention in the IPO market.

    Work on IPO reform 'going smoothly'

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