The China Securities Regulatory Commission (CSRC) proposed changes to rules for refinancing by listed companies, releasing draft revisions to help companies raise capital.
Revised Rules
The revised rules would allow eligible companies to carry out multiple share issues via private placement after registering the plan only once, the CSRC statement said. This would help companies raise funds quickly when opportunities arise and reduce shocks to the market from large, one-time financing, the regulator said.
Original reporting: Appleton, WI News Feed (HLL/CB) — read the source article.
