China eases M&A rules for listed companies to spur restructuring


China’s securities regulator on Friday scrapped profitability requirements in merger and acquisition (M&A) deals involving publicly traded companies in an effort to facilitate restructuring in a slowing economy.  The China Securities Regulatory Commission (CSRC) also said it would allow flotation of assets in strategically important emerging sectors on Shenzhen’s ChiNext start-up board.

  The policy changes, embodied in revised rules on major restructurings by listed firms, take effect on Friday. CSRC published.

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