Ken Wang covers China's ECM and the equity-linked market for IFR. Before joining Thomson Reuters IFR in January 2011, he worked as a stock editor for China Finance Online.
The PRC’s over-the-counter exchange continues to provide a platform for listings while China’s mainstream IPO markets are closed. Now bankers are urging smaller IPO candidates to consider switching to the OTC.
Underwriters of Chinese ECM trades face an uncertain second half after regulators revived their old tactic of freezing domestic share sales in a bid to halt a market rout.
BoCom International, the Hong Kong-based investment banking unit of Bank of Communications, has bought a stake in Huaying Securities from RBS to become the first Chinese bank