AFRC welcomes CSRC’s five measures on capital market cooperation with Hong Kong

22 Apr, 2024

The Accounting and Financial Reporting Council (AFRC) welcomes the five measures announced by the China Securities Regulatory Commission (CSRC) on capital market cooperation with Hong Kong. These measures include increased support for qualified leading mainland companies to raise funds through listings in Hong Kong. This will further deepen the integration and cooperation between the two capital markets and bring more opportunities to the Hong Kong capital market, benefiting the development of the accounting profession.

The AFRC will continue to play its dual role of regulator and market developer and strengthen its communication with the accounting profession, thereby ensuring the quality of the profession while at the same time capturing the business opportunities brought about by the five measures announced by the CSRC.

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