Free Trial

MNI BRIEF: China To Control IPO Quality, Increase Delisting

MNI (Singapore)
MNI (Beijing)

China’s top securities regulator said it will strictly control the quality of initial public offerings and increase delisting efforts to improve the quality of listed companies and maintain capital-market stability, according to a statement by the China Securities Regulatory Commission on its website Sunday.

The CSRC will encourage and support various institutional investors to increase counter-cyclical allocation and guide more medium and long-term funds to enter the market, the statement said. (See MNI: China Should Limit IPOs, Boost Growth To Lift Stock Market)

It also wants to crack down on major illegal activities such as market manipulation, malicious short selling, insider trading, and fraudulent IPOs. (See MNI: China Needs To Make Delisting Companies Easier - Advisors)

True

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.