An investor looks at share prices at a brokerage in Fuyang, Anhui province. [Photo by Wang Biao/For China Daily] The China Securities Regulatory Commission has announced a halt to securities refinancing starting Thursday, in the latest move to maintain stock market stability. Existing contracts can be extended, but they must be settled no later than … Continue reading Outright ban on securities refinancing not best solution
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Further limits on securities refinancing urged
A pedestrian touches the Bund Bull in Shanghai. BLOOMBERG/GETTY IMAGES As investor confidence in China’s A-share market has yet to substantially improve, finance experts stressed the need to further limit securities refinancing activity or potentially even halt it to ensure market fairness and stability. In essence, the securities refinancing market enables listed companies’ major shareholders … Continue reading Further limits on securities refinancing urged