Thursday, January 10, 2013

CSRC orders underwriters and auditors to review listing applicants





The mainland securities regulator has ordered underwriters and auditors to conduct in-depth checks on nearly 900 listing applicants, at a time when it has suspended new share sales to bolster investor confidence.


The move reflects Beijing's renewed efforts to ease the fund-raising pressure on an already weak market as it seeks a way to break out of the rut.









via Business feed http://www.scmp.com/business/china-business/article/1124250/csrc-orders-underwriters-and-auditors-review-listing

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