China Eases IPO Exit Rules For Private Capital Funds

From Reuters:

China’s two national stock exchanges will make it easier for shareholders to exit their investments after a company lists its shares, addressing a common complaint by foreign private capital funds.

Investors buying into a company via a private placement within 12 months before it posts an IPO prospectus will be allowed to sell their shares one year after the company’s listing, the Shanghai Stock Exchange and the smaller Shenzhen Stock Exchange said in separate statements on Friday.

The new rules will be effective from Oct. 1, the bourses said. Previously the lock-up period was 36 months.

Categories :

Tags :,


Subscribe to CDT


Browsers Unbounded by Lantern

Now, you can combat internet censorship in a new way: by toggling the switch below while browsing China Digital Times, you can provide a secure "bridge" for people who want to freely access information. This open-source project is powered by Lantern, know more about this project.

Google Ads 1

Giving Assistant

Google Ads 2

Anti-censorship Tools

Life Without Walls

Click on the image to download Firefly for circumvention

Open popup

Welcome back!

CDT is a non-profit media site, and we need your support. Your contribution will help us provide more translations, breaking news, and other content you love.