15 Mar China vows to tighten IPO rules, clamp down on excesses to sustain a rebound in US$9.2 trillion stock market
Posted at 10:04h
in Asia
China is tightening the screws on new domestic stock offerings, laying out some of the harshest rules, checks and balances and penalties yet for fake accounting, a move that could slow approvals and fees at the nation’s brokerages and investment banks.The government will control the...