Svmuu News: The China Securities Regulatory Commission (CSRC) has issued a public call for comments on improving the rules governing follow-on offerings by listed companies. A shelf registration system for private placements will be established. Listed companies with high standards of information disclosure that apply for competitive private placements may adopt a “one-time registration, multiple issuances” approach. This will better accommodate the characteristics of a two-way market, enable listed companies to swiftly capitalize on market opportunities for financing, guide them toward rational and orderly financing, and reduce market disruptions caused by one-time large-scale financings. (Jin Shi)