Subscribe By E-Mail

China tightens grip on IPO listings: sources

China’s securities regulator is requiring underwriters and auditors of all applicants for domestic initial public offerings to re-examine their financial statements as part of efforts to boost the quality of listed companies, four sources with knowledge of the plan told Reuters on Wednesday.

The so-called self inspections will last until the end of March, said the sources, who attended a closed door meeting between the China Securities Regulatory Commission (CSRC) and underwriters.


Markets & Investing feed