Chinese IPO

Listing disclosure throws light on Chinese IPOs

In an attempt to improve transparency, China is setting the bar higher for IPO candidates such as bear-bile producers and copyright infringers.
<div style="text-align: left;">
A worker extracts bile at a bear farm owned by Guizhentang Pharmaceutical
</div>
<div style="text-align: left;"> A worker extracts bile at a bear farm owned by Guizhentang Pharmaceutical </div>

Transparency has always been a sensitive issue in China. There’s an old Chinese saying that good news stays at home, while bad news travels a thousand miles. In reality, things often happen the other way around in China. 

Recently, information disclosure has become the most sought-after improvement among Chinese publicly traded companies and in a bid to boost transparency, the securities regulator has for the first time announced the names of more than 500 companies seeking approval for IPOs in the A-share market. It has also ordered the companies to file a preliminary prospectus one month before a scheduled listing assessment, which is up from five days previously....

¬ Haymarket Media Limited. All rights reserved.

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222