CSRC Denies B shares by Red ChipsChina Securities Regulatory Commission (CSRC) has never considered to let top red chips listed in Hong Kong to issue B shares in the inland, pointed out Zhou Xiaochuan, chairman of CSRC, who is attending the NPC and CPPCC sessions in Beijing.Since China opened B share to domestic market February 19, concerns have been aroused on capital market as regards the patterns and relations among A, B, H shares and red chips. And rumors also run in Hong Kong that CSRC has been pondering over issuing B shares by top red chips to lift both their prices. By PD Online Staff Member Li Heng |
| People's Daily Online --- http://english.peopledaily.com.cn/ |