Overseas IPO rules in spotlight

The nation's top securities regulator is in talks with the Ministry of Commerce and the State Administration of Foreign Exchange to renew the regulation on indirect overseas listing.

Indirect overseas listing means that a Chinese company applies for IPO issuance in overseas exchanges through launching a subsidiary in that area or country.

"Listing overseas is an important way for enterprises to use foreign capital, and the commission will continue to encourage Chinese companies that can satisfy IPO application requirements to go public in foreign markets," a CSRC spokesman said on Friday.