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| HSI1 | 26,025.42 | 0.00 | -- |
| HSCEI1 | 8,835.50 | 0.00 | -- |
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2026-03-18 10:50:09 Recently, Chinese regulatory authorities are restricting certain types of overseas-registered Chinese companies from listing in Hong Kong, advising companies to dismantle their red chip structure, Bloomberg quoted sources as saying. This news has impacted the banking industry and could affect equity sales strategies that have been in place for decades. It is reported that banks are currently formulating plans to cope with the market's tighter regulatory environment, with some banks already slowing down their business activities. Another sign of the industry's stringent regulation is that the Securities and Futures Commission (SFC) earlier issued warnings to 13 investment banks, citing the poor quality of their application documents and demanding strict adherence to standards. It is reported that at least seven banks have become more hesitant to undertake new projects, even rejecting some. Other banks are shelving applications to ensure compliance with regulatory recommendations, which limit each primary sponsor to five active transactions. Some sponsors are even abandoning potential deals deemed to be of 'higher risk' quality. ~ AASTOCKS Financial News Website: www.aastocks.com | |