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.
Country Garden underlined the funding challenges facing Chinese property developers last week as it scrapped plans for a spin-off in the A-share market for regulatory reasons.
Chinese online microlender LexinFintech Holdings faces new challenges to its proposed US$500m Nasdaq IPO, after China’s clampdown on the micro-loan market triggered a sell-off in US-listed Chinese consumer finance firms.
China’s securities regulator has established a new regulatory body to supervise the IPO approval process, in a move seen as a further sign of tighter scrutiny on domestic listings.