Finance
China Weighs Tighter Rules for Firms to List in Hong Kong
China’s securities regulator is considering tightening the criteria for mainland companies to sell shares in Hong Kong, after an offshore fundraising boom raised concerns over deal quality, people familiar with the matter said.
The China Securities Regulatory Commission has been deliberating on raising regulatory and compliance thresholds for firms pursuing so-called H-share listings, the people said, asking not to be named as the matter is private. One potential measure would be to set a minimum market capitalization limit, according to the people. Publicly traded Chinese companies seeking a dual listing in Hong Kong are also facing more scrutiny, the people said.