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China punishes 19 institutions as it tightens checks on IPO price-setting, Companies & Markets News & Top Stories

News Snapshot:

[China punishes 19 institutions as it tightens checks on IPO price-setting, Companies & Markets News & Top Stories] HONG KONG (REUTERS)- China’s securities regulators punished 19 institutional investors as the authorities tighten scrutiny over price-setting behaviours under a more liberalised listing system. China launched the tech-focused Star Market in Shanghai along with the introduction of a US-style, registration-based initial public offering (IPO) system in that market in mid-2019.… Original URL: [Click here to visit original article]

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