Furthermore, it has raised the limit on the combined stake that foreign investors can hold in a listed Chinese company to 30% from 20%.
BBC: Chinese yuan notes
Sina Corp. is an online Chinese media company listed on Nasdaq.
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U.S.-listed Chinese companies with headquarters in Shanghai include travel company Ctrip and online job information provider 51job.
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The only significant Chinese company to do a U.S. IPO this year was online fashion retailer Vipshop, which listed its shares in March, only to see them plummet by more than 30 percent in the first few weeks of trading.
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