Under the tightened regulations, a listed company’s private share placement plan must not exceed 20 per cent of its share base, and should not be made within 18 months of a previous fundraising round. Photo: EPA

Tougher rules force hundreds of mainland-listed companies to review fundraising plans

The CSRC’s revised rules on fundraising eliminate the potential profit-making from arbitrage previously enjoyed by big investors, analysts say

Topic |   Regulation

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Under the tightened regulations, a listed company’s private share placement plan must not exceed 20 per cent of its share base, and should not be made within 18 months of a previous fundraising round. Photo: EPA
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