Press "Enter" to skip to content

China limits “bet-on agreements”, shareholding structure of firms seeking tech board listing

CHECK THE WIRE FOR REAL-TIME NEWS UPDATES

China has released more detailed requirements for companies seeking listing on the new Science and Technology Innovation board, including rules on the companies' shareholding structure and "bet-on agreements", among other issues.

Companies applying to list on the new Nasdaq-style technology board cannot have major stakeholders or actual controllers that are asset management plans, trust plans and private equity funds managed by financial institutions because such complex ownership structures make companies more opaque, according to a statement released by . . .

To continue reading, please subscribe. You will get

  • Original and in-depth reporting on China's economy and financial markets 
  • Details, data and perspectives you don't read elsewhere
  • THE WIRE - a Real-Time News platform that delivers everything important about China's economy, companies, stocks, bonds, commodities and the yuan.
  • Daily Brief newsletters to get you prepared for every trading day

 

FREE TRIAL cancel any time

We highly value independence. We are solely funded by subscriptions from thousands of readers like you.  

Already have an account? Sign In

 

Top