Ｃｈｉｎａ ａｌｌｏｗｓ ｏｖｅｒｓｅａｓ ｓｔｏｃｋ ｅｘｃｈａｎｇｅｓ ｔｏ ｅｓｔａｂｌｉｓｈ ｏｆｆｉｃｅｓ

China securities regulatorunveiled management rulesthat give green lights to the

establishment of representative offices of overseas stock ex-changes in the country.

The rules will come into effect on July 1.

To be eligible， the stock exchanges should be in operationfor more than 20 years and have fine financial records， accord-ing to the rules.