Will China send some of its unloved B-shares to Hong Kong?
There’s nothing like a thorough spring clean to bring things into the open. The only problem, of course, is that you then have to deal with all the long-forgotten junk that turns up.
Guo Shuqing, China’s chief securities regulator, would probably sympathise. The delisting rules his office introduced recently, as part of a zealous reform package, have shed light on a dusty old corner of the country’s securities industry the B-share market.