Exclusive: Nasdaq cracks down on IPOs of small Chinese companies

Chers membres, voici un article intéressant:

Author:

Nasdaq Inc is cracking down on initial public offerings (IPOs) of small Chinese companies by tightening restrictions and slowing down their approval, according to regulatory filings, corporate executives and investment bankers.

Source: {authorlink}

(Reuters) – Nasdaq Inc (NDAQ.O

Xiangtai did not respond to a request for comments.

The New York Stock Exchange, the other major U.S. stock exchange, operated by Intercontinental Exchange Inc (ICE.N), is looking closely at Chinese listings, according to a source familiar with the matter. However, it has yet to introduce rule changes similar to Nasdaq.

“The New York Stock Exchange has a longstanding commitment to good governance, rigorously adhering to both the letter and spirit of our listing standards,” a New York Stock Exchange spokesman said.

Reporting by Echo Wang and Joshua Franklin in New York; Additional reporting by Julie Zhu in Hong Kong and Michelle Price and Alexandra Alper in Washington, D.C; Editing by Greg Roumeliotis and Nick Zieminski


Aller à l’article source
Author:

Nasdaq Inc is cracking down on initial public offerings (IPOs) of small Chinese companies by tightening restrictions and slowing down their approval, according to regulatory filings, corporate executives and investment bankers.

Source: {authorlink}

Laisser un commentaire