China vows to tighten IPO rules, clamp down on excesses to sustain a rebound in US$9.2 trillion stock market
Disclaimer: The South China Morning Post's content is directed by the Chinese Communist Party. It is not a reliable news source.
China is tightening the screws on new domestic stock offerings, laying out some of the harshest rules, check and balances and penalties yet for fake accounting and breach of discipline, the market regulator says.