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.
Credit Suisse’s Chinese securities joint venture has won a brokerage licence in Shenzhen’s Qianhai district, the first secondary trading licence for a Sino-foreign JV since Beijing reopened the industry to foreign participation in 2007.
While numerous Chinese companies struggle to de-list their US shares and re-list on the mainland, NYSE-listed SouFun is trying a new way to access the A-share market that may prove both faster and less controversial.
China has tabled the first major overhaul of IPO rules since early 2014, reaffirming its commitment to open market reforms after a four-month ban on new share sales.