A new draft meant to try to streamline the IPO process for companies looking to go public has been submitted to China's State Council, the cabinet.
The plan would ease restrictions for companies who have yet to go public.
It would also tighten controls over companies that are already publically-traded on China's A-Share market.
This comes as the Chinese stock markets continue to soar this week, with financial shares leading the charge.
For more on the IPO reform plans and their implications on the Chinese stock market, we are now joined live by Cao Can, CRI's financial commentator.
