M&As by listed Chinese companies under watch

PUBLISHED : Friday, 24 June, 2016, 8:43pm
UPDATED : Friday, 24 June, 2016, 8:43pm

The China Securities Regulatory Commission has launched an inspection into the completed mergers and acquisitions by listed companies, particularly those that have failed to deliver the financial performance they promised A-share investors. At a press conference on Friday afternoon, the regulator said it would also continue to crack down on non-compliance in information disclosure and other fraud practices during the initial public offering process.