U.S. banks on Hong Kong Exchange’s ‘named and shamed’ list
Wall Street investment banks
JPMorgan and Morgan Stanley have been placed on
the Hong Kong Stock Exchange’s “named and shamed” list after the
$300 million initial public offering (IPO) of Chinese biotech
company Akeso Inc. was sent back for not meeting the correct
regulatory requirements.
JPMorgan and Morgan Stanley have been placed on
the Hong Kong Stock Exchange’s “named and shamed” list after the
$300 million initial public offering (IPO) of Chinese biotech
company Akeso Inc. was sent back for not meeting the correct
regulatory requirements.
Posted by Reuters
