First companies obtain regulatory approval for IPOs under new ChiNext system

Three Chinese companies have become the first to obtain regulatory approval to publicly list on Shenzhen’s start-up board ChiNext, after a recent reform aimed at fast-tracking initial public offerings (IPOs). China introduced a U.S-style IPO system to the ChiNext a month ago, as part of efforts to reform the country’s stock markets and channel much-needed […]

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Trump administration to soon end audit deal underpinning Chinese listings in U.S. – official

The Trump administration plans to soon scrap a 2013 agreement between U.S. and Chinese auditing authorities, a senior State Department official said, a move that could foreshadow a broader crackdown on U.S.-listed Chinese firms under fire for sidestepping American disclosure rules. The deal, which set up a process for a U.S. auditing watchdog to seek […]

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