The offices of the China Securities Regulatory Commission in Beijing. The commission is soliciting public opinion about the rule change until September 6. Photo: Simon Song
Beijing plans to scrap mandatory ratings to help companies hit by coronavirus issue bonds and raise new funds
- Move will also force buyers to strengthen risk-assessment research, analyst says
- China is expected to expand the reform to cover interbank market as well
The offices of the China Securities Regulatory Commission in Beijing. The commission is soliciting public opinion about the rule change until September 6. Photo: Simon Song
