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.
Companies looking to bypass China’s backlogged IPO pipeline through backdoor listings face new hurdles in light of draft regulations intended to clamp down on reverse takeovers.
Bank of Jiangsu has started pre-marketing China’s largest domestic listing since the country resumed IPOs last November, in a sign that regulators may be loosening controls on the size of listings one year after the market’s collapse.
China is reforming the New Third Board, the country’s largest over-the-counter equities market, to make it more attractive to high-growth and technology companies.