Regulatory easing to bolster asset quality

Listed technology firms 'would be the biggest beneficiaries' of revised rules

China's top securities regulator has relaxed financing rules for listed companies, a move that will help to broaden companies' funding channels and address their financing difficulties amid slower economic growth, analysts said.

While the new measures are likely to drain market liquidity and cause stock prices to decline in the short term, the relaxed rules will make it easier for companies to obtain capital and improve their long-term asset quality and profitability, they said.