Shanghai’s new technology innovation board is set to apply a new IPO system that focuses on information disclosure. But public investors are likely to face many hidden risks.
Financial regulators now have a common hymn sheet to sing from so will be more effective at pursuing Beijing's goals. This may set the scene for clashes with peers overseas.
The British bank’s long wait has put it behind other global competitors and given domestic Chinese banks time to consolidate their position at home and extend their reach overseas.
Hopes are rising that regulators will at last sate global players' appetites for stakes of more than 50% in their Chinese securities joint ventures. Golden opportunities await.
To boost transparency, China’s regulator has banned major A-share company shareholders from using asset management products to subscribe to private share placements.