Core Viewpoint - The People's Bank of China and the State Administration of Foreign Exchange have issued a notice to facilitate efficient financing for domestic enterprises in overseas financial markets [1] Group 1: Policy Changes - The notice standardizes foreign currency fund management policies, allowing funds raised from overseas listings, as well as proceeds from share reductions or transfers, to be repatriated in either foreign currency or RMB [1] - It clarifies that funds raised from overseas listings can be autonomously converted for use in the domestic market, and that listing entities can independently choose methods for managing exchange rate risks [1] Group 2: Administrative Simplification - The management procedures have been simplified, and the registration time limits have been relaxed, supporting banks to directly handle the registration of domestic enterprises for overseas listings [1] - The notice further regulates the management of raised funds, stating that proceeds from overseas listings, as well as funds from share reductions or transfers, should generally be repatriated to the domestic market [1]
两部门联合发文 便利境内企业在境外金融市场高效融资
Yang Shi Xin Wen·2025-12-26 23:08