FINANCIAL DISTRICT. This file photo of the skyline of the Lujiazui Financial District in Pudong, Shanghai was taken on March 25, 2017. Photo by Johannes Eisele/AFP
Mainland authorities have recently stepped up moves to attract listings of big tech firms, including launching a new technology board in Shanghai in July, as the country's economy has stuttered to its"This amendment is a big breakthrough as it cuts red tape and the cost for companies when going public," said Dong Dengxin, director of the Finance and Securities Institute at Wuhan University of Science and Technology.
It calls for companies to establish dispute resolution mechanisms to address shareholder grievances and improve transparency, he added.
Source: Law Daily Report (lawdailyreport.net)
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