Flexibility on China listings, red chips
Rachel Evans |
NEWS ANALYSIS - July 02, 2009
As the freeze on Chinese IPOs thaws, there are signs that China’s securities regulator could relax its restrictions on H-share listings and red chip companies
As four companies thaw the freeze on Chinese initial public offerings (IPOs), there are signs that China’s securities regulator could relax its restrictions on H-share listings and red chip companies.Yesterday, Sichuan Expressway became the first large company to be approved for an A-share listing on the Shanghai stock exchange since September 2008. Further A-share IPOs are in the pipeline, but lawyers confirm...
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