China CSRC sees 'no obstacle' for H shares to issue B shares: report
HONG KONG (AFX-ASIA) - The China Securities and Regulatory Commission sees "no obstacle" for state-owned enterprises which have issued H shares in Hong Kong to issue B shares in China, the Ming Pao Daily cited CSRC officials as saying. The report said the recent active trading in China's B share markets after the country allowed domestic investors to trade B shares has made H share companies consider plans to raise capital in the B share markets. When asked the possibility of H share companies issuing B shares in China, the CSRC officials said the commission sees "no obstacle" for the B share sales, the report said.
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