Recently, rumors have resurfaced about exchanges tightening IPO filings. Rumors claim that “apart from industries with rules, loss-making declarations must be tightened.” The reporter interviewed authorities and learned that the exchange did communicate with brokerage firms. The core was to require sponsor agencies to effectively perform their duties as “gatekeepers” in response to the current situation where the overall quality of recent application projects is uneven, to avoid blindly “rushing up” reports, rather than tightening IPOs or raising the threshold for loss-making companies. Compacting intermediary responsibilities and improving quality from the source of filing is a consistent requirement of exchanges. Rumors of tightening IPO declarations are misinterpreted.

Recently, rumors have resurfaced about exchanges tightening IPO filings. Rumors claim that “apart from industries with rules, loss-making declarations must be tightened.” The reporter interviewed authorities and learned that the exchange did communicate with brokerage firms. The core was to require sponsor agencies to effectively perform their duties as “gatekeepers” in response to the current situation where the overall quality of recent application projects is uneven, to avoid blindly “rushing up” reports, rather than tightening IPOs or raising the threshold for loss-making companies. Compacting intermediary responsibilities and improving quality from the source of filing is a consistent requirement of exchanges. Rumors of tightening IPO declarations are misinterpreted.