UPDATE 1-China regulator scraps tough profit demands for IPOs on ChiNext
China is scrapping
profitability requirements for initial public offerings (IPOs)
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 initial public offerings (IPOs)
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