Chinese watchdogs team up to punish wayward listed companies
China’s top economic planner, securities regulator and 20 other government bodies have joined forces to punish listed companies that break stock market rules.
In addition to penalties imposed by the China Securities Regulatory Commission, listed companies and associated people, including company directors, controlling shareholders and senior executives, would face punishment from the other agencies, CSRC vice-chairman Jiang Yang said on Monday.
“The joint effort is designed to improved the integrity Read more [...]