China To Allow Exchangeable Bonds To Ease Stock Oversupplya
Sep 5th, 2008 | By admin | Category: BusinessThe China Securities Regulatory Commission (CSRC) will allow shareholders of listed companies to issue exchangeable bonds, a move to ease oversupply in the stock market that has helped to drive down share prices.
The CSRC published a draft regulation on the newly-introduced financing tool on its website on Friday night, [...]
