‘Breakthrough’ as China slashes red tape for IPOs

article author: 
Sun, 2019-12-29 02:42

BEIJING: Chinese lawmakers agreed on Saturday to slash red tape for initial public offerings, approving an amendment to the country’s securities law that also aims to better protect investors and prevent insider trading. Authorities have stepped up moves to attract listings of big tech firms, including launching a new technology board in Shanghai in July, as the country’s economy has stuttered to its slowest rate of growth since the early 1990s.

Main category: 
Tags: 


from ArabNews https://ift.tt/39klvo5
via Latest News of Dubai

Post a Comment

0 Comments