China tightens rules for global stock offerings, crimping the steady flow of companies seeking to raise funds in global markets

//China tightens rules for global stock offerings, crimping the steady flow of companies seeking to raise funds in global markets

China tightens rules for global stock offerings, crimping the steady flow of companies seeking to raise funds in global markets

China’s government has tightened the rules for initial public offerings (IPO), introducing a sweeping overhaul to how the nation’s companies can raise capital onshore and overseas, in a move that may stymie some of the biggest deals in the world’s financial markets.The procedure for overseas listings, including IPOs in such markets as the New York Stock Exchange and the Nasdaq, will be revised, according to a statement issued by the State Council, as the Chinese government’s cabinet is called…

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By | 2021-07-06T14:11:43+00:00 July 6th, 2021|Business|Comments Off on China tightens rules for global stock offerings, crimping the steady flow of companies seeking to raise funds in global markets