China tightens grip on IPO listings: sources

By , on January 9th, 2013

<!– google_ad_section_start –> China’s securities regulator is requiring underwriters and auditors of all applicants for domestic initial public offerings to re-examine their financial statements as part of efforts to boost the quality of listed companies, four sources with knowledge of the plan told Reuters on Wednesday. The so-called self inspections will last until the end of March, said the sources, who attended a closed door meeting between the China Securities Regulatory Commission (CSRC) and underwriters. <!– google_ad_section_end –>

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China tightens grip on IPO listings: sources