Core Viewpoint - The People's Bank of China and the State Administration of Foreign Exchange have issued a draft notice regarding the management of funds from domestic enterprises listed overseas, emphasizing that domestic shareholders should promptly return funds obtained from the reduction or transfer of shares to the domestic market [1] Group 1 - Domestic shareholders are required to return funds from the reduction or transfer of shares in overseas-listed domestic enterprises back to China in a timely manner [1] - Funds can be returned in either Renminbi or foreign currency, with specific guidelines on where these funds should be deposited [1] - If returned in foreign currency, the funds should be deposited in residents' overseas securities and derivatives accounts; if in Renminbi, they can be deposited in either overseas accounts or domestic Renminbi bank settlement accounts [1]

Core Points - The People's Bank of China and the State Administration of Foreign Exchange have drafted a notice to improve and unify the management of cross-border funds for domestic enterprises listed abroad, aiming to enhance the convenience of cross-border financing for these enterprises [1][2] - The notice allows for the return of funds raised from overseas listings in either foreign currency or RMB, with provisions for using capital project settlement accounts for fund transfers [1] - Companies participating in H-shares "full circulation" can distribute dividends to domestic shareholders in RMB, making the management of raised funds and foreign exchange risks more flexible [1] Group 1 - The management procedures for domestic enterprises listing abroad have been simplified, allowing banks to handle registration instead of the foreign exchange bureau [2] - The registration time limit for issuing listings and additional share issuance has been extended from 15 to 30 working days [2] - The time limit for reducing share registration has been adjusted from 20 working days before the intended reduction to 30 working days after the reduction [2] Group 2 - The management of raised funds has been further standardized, with a principle that funds from overseas listings should generally be returned to the domestic market [2] - Companies are allowed to retain funds for reasonable overseas investments if they have obtained prior approvals or filings from relevant authorities before listing abroad [2] - Clear management requirements have been established for overseas issuance of convertible bonds and the conversion of these bonds into stocks [2]

金十数据5月23日讯，《中国人民银行国家外汇管理局关于境内企业境外上市资金管理有关问题的通知 （征求意见稿）》公开征求意见，其中提到，境内企业境外上市募集资金，原则上应及时调回境内。如 留存境外开展境外直接投资、境外证券投资、境外放款等业务，应在境外上市发行结束或超额配售完成 之日前获得业务主管部门批复或备案文件，并应符合相关跨境资金管理规定。 央行等两部门：境内企业境外上市募集资金，原则上应及时调回境内 ...

智通财经5月23日电，《中国人民银行 国家外汇管理局关于境内企业境外上市资金管理有关问题的通知 （征求意见稿）》公开征求意见。 ...