Shanghai Exchange urges bankers to vet Chinese medical firms IPOs - sources

  • 📰 Reuters
  • ⏱ Reading Time:
  • 7 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 97%

United States Headlines News

United States Latest News,United States Headlines

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.

Source: Healthcare Press (healthcarepress.net)

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Kraken Dethroned Coinbase as Most Liquid US Exchange for Altcoins in July: DataWhile Kraken records significant growth in its market share, Coinbase has faced regulatory challenges in recent months, possibly the reason for the decline in its volumes.
Source: Crypto_Potato - 🏆 568. / 51 Read more »

Crypto Exchange Bittrex Settles With SEC — Agrees to Pay $24 Million – Regulation Bitcoin NewsCryptocurrency exchange Bittrex has agreed to settle charges with the SEC. Bittrex and Bittrex Global agreed to pay $24 million.
Source: BTCTN - 🏆 531. / 51 Read more »

Shibarium Release Countdown: Top Exchange Teases Shiba Inu Tokens ListingIs Shibarium launch imminent? Major exchange teases Shiba Inu tokens listing shibainu shib shibarmy shibarium shibaeternity shibburn $shib $bone $leash
Source: Utoday_en - 🏆 295. / 63 Read more »

Man wounded in exchange of gunfire with attempted carjackers in the LoopA man was wounded in an exchange of gunfire with a group of people who tried to take his car at gunpoint in the Loop Sunday morning.
Source: fox32news - 🏆 547. / 51 Read more »

Chicago shooting: Man wounded after gunfire exchange during attempted carjacking in Loop, police sayThe victim was in the 100 block of West Van Buren Avenue around 4 a.m. when he was approached by several suspects who tried to steal his car at gunpoint, police said.
Source: ABC7Chicago - 🏆 284. / 63 Read more »

Massive 4,000 XRP Giveaway Announced by GeminiXRP announcement made by Gemini triggers excitement, here's why XRPArmy XRPCommunity XRPHolders $XRP
Source: Utoday_en - 🏆 295. / 63 Read more »