Investing
Shanghai Exchange urges bankers to vet Chinese medical firms IPOs – sources
© Reuters. FILE PHOTO: A men wearing a mask walk at the Shanghai Stock Exchange building at the Pudong financial district in Shanghai, China, as the country is hit by an outbreak of a new coronavirus, February 3, 2020. REUTERS/Aly Song/File Photo
SHANGHAI (Reuters) – The Shanghai Stock Exchange has urged bankers to pay close attention to the marketing practices of Chinese drug and medical equipment makers seeking initial public offerings (IPOs) amid an escalating anti-corruption drive in the sector, sources said.
The bourse asked investment bankers and lawyers to ensure drugmakers’ compliance and legitimacy in sales and marketing activities, according to an internal publication the exchange sent to bankers in late July that was reviewed by Reuters.
Two banking sources familiar with the issue confirmed the information. The Shanghai exchange declined to comment.
Read the full article here
The One Key Factor in Making Your Scaling Strategy a Success
This Tiny Phone Can be the Perfect Tool for Business Owners on the Go
Success Isn’t About Having the Best Idea — It’s About Resilience
5 Essentials of Good Leadership
U.K. stocks higher at close of trade; Investing.com United Kingdom 100 up 0.10% By Investing.com
This All-Access Pass to Learning Is Now $20 for Black Friday
How to Create a Routine That Balances Rest and Business Success
Apple Prepares a New AI-Powered Siri to Compete With ChatGPT
A Macy’s Employee Made Accounting Errors Worth $132 Million
Factbox-How Trump can overhaul US financial regulators when he takes office By Reuters
Debt ceiling debate and its effect on the U.S. dollar
Debt ceiling default: Still no deal between parties
Stovall: If the U.S. defaults on its debt, all S&P 500 sectors will likely fall
What China's weaker-than-expected economy could mean for U.S. markets
A ‘Big Short’ investor sees financial disaster brewing in housing markets — again
-
Investing5 days agoThis All-Access Pass to Learning Is Now $20 for Black Friday
-
Passive Income5 days agoHow to Create a Routine That Balances Rest and Business Success
-
Side Hustles6 days agoApple Prepares a New AI-Powered Siri to Compete With ChatGPT
-
Side Hustles3 days agoA Macy’s Employee Made Accounting Errors Worth $132 Million
-
Investing2 days agoFactbox-How Trump can overhaul US financial regulators when he takes office By Reuters
-
Passive Income6 days agoCustomers Want More Than Just a Product — Here’s How to Keep Up
-
Side Hustles5 days agoGift the Power of Language Learning with This Limited-Time Price on Babbel
-
Investing3 days agoPalantir assigned Street-high targets by Wedbush and BofA By Investing.com