Backdoor listings under scrutiny
By Li Xiang | China Daily | Updated: 2016-05-07 08:34
Watchdog push to help curb feverish speculation, possible market malpractice
The road for the overseas-listed Chinese companies to return to the domestic A-share market could get bumpier, after the securities watchdog said it was putting closer scrutiny on backdoor listings to curb feverish speculation and possible market malpractice.
The China Securities Regulatory Commission said on Friday it is studying the potential impact of the re-listing of overseas-listed Chinese companies on the A-share market.
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