CORRECTED-UPDATE 1-China regulator scraps profit demands for private placements on ChiNext
China is scrapping
profitability requirements for private placements on Shenzhen’s
start-up board ChiNext, one of several regulatory changes to
encourage more firms to raise equity funding and to create a
more vibrant stock exchange.
profitability requirements for private placements on Shenzhen’s
start-up board ChiNext, one of several regulatory changes to
encourage more firms to raise equity funding and to create a
more vibrant stock exchange.
Posted by Reuters
