B shares rumored to have rights issue only in HK

Some sources quoted CSRC as saying that China would further open its B shares market and the commission compellently regulated that IPO of the B shares should be made in Kong Kong. It was also reported that although the movement was beneficial to the circulation of B shares, it would form competition for the new shares listing in Hong Kong and the proposal mentioned above was accepted, said the report, adding that CSRC was now formulating the new rules

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