Date
18 August 2017

CSRC begins IPO pricing checks in tightened regime, paper says

The China Securities Regulatory Commission (CSRC) has begun checks on the IPO pricing process of some listing candidates in line with the tightened supervisory regime that was outlined last Sunday, the China Securities Journal reported Thursday, citing the regulator. Any party found violating the rules will be blacklisted and barred from participating in the market, it said. Forty-four firms, including Anhui Guoyuan Trust Co. Ltd. and Bosera Fund Management Co. Ltd., and 13 main underwriters, including Haitong Securities Co. Ltd. (006837.HK, 600837.CN) and BOCI Securities Ltd., were included in the checks, according to the report.

– Contact HKEJ [email protected]

TL/AC/RC

 

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