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ST firms set to face price fixing probe--China Economic Net
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ST firms set to face price fixing probe
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China close to opening up REITs public market, approves first batch for listing
Photo by rawpixel on Unsplash
May 18, 2021
China is close to kicking off its long-awaited public REITs market, with regulators approving the first batch of nine real estate investment trusts that will raise an estimated 30 billion yuan ($4.7 billion) for infrastructure projects.
Late on Monday, the China Securities Regulatory Commission (CSRC) approved the registration of the nine REITs, which will channel investors’ money into projects ranging from tollways and warehouses to industrial parks and sewage plants.
The green light, which will allow China’s first REITs to be sold and traded on stock exchanges, comes a year after Beijing announced plans for a pilot scheme.
China’s Regulators Warn 13 Chinese Internet Firms Amidst Internal Power Struggle
Among other issues, supervision of the shareholding structure and capital was reportedly emphasized in the interviews.
Four Chinese financial regulators, including the People’s Bank of China, China Banking Regulatory Commission, China Securities Regulatory Commission, and the State Administration of Foreign Exchange, jointly interviewed representatives of the financial platform companies on April 29.
The interviewed giants are Tencent, Du Xiaoman Financial, JD.com, ByteDance, Meituan Finance, Didi Finance, Lufax, Tianxing Data, 360 DigiTech, Sina Finance, Suning Finance, Gome Finance, and Trip.com Group Finance.
Similar to Ant Group, these 13 companies all have integrated operations, large business volume, and strong industry influence.
中國網紅葉飛爆上市企業操縱股價 逾10公司遭點名股價持續暴跌 | 中國
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