China's securities watchdog approves more M&A applications
The China Securities Regulatory Commission (CSRC) has worked faster to approve merger and acquisition (M&A) applications.
According to Wind Info, a financial information provider, the CSRC has given the green light to 94 M&A applications by Nov. 20 this year, out of a total of 107 applications filed to the regulator.
The approval rate stood at 87.85 percent.
Since October, the CSRC has unveiled a range of policies loosening restrictions on M&A applications.
Sectors such as new-generation information technology, new material, environmental protection and new energy are to benefit from the loosening policies, according to analysts.
（Editor:王苏）
