China Cracks Down On Speculative Deals In Internet Finance, Film And Virtual Reality #NewsChina

China’s securities regulator has prohibited Chinese public companies from raising capital via follow-on share issuance to invest in Internet finance, gaming, film and virtual reality (VR) companies, according to reports by Caixin Media. The restriction applies to public companies operating in industries vastly different from those prohibited sectors. For example, a publicly listed cement producer […]

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