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IPO Exit Rules Eased in China

Posted on September 08, 2008

In response to complaints by foreign investors, China's two national stock exchanges have decided to make it easier for investors to cash out of investments in China, according to Bloomberg. China shortened the trading moratorium for investors who buy stakes in initial public offers, the news agency reported. Until this move on Friday, investors who used IPO shares in a company as a way of getting their private equity or venture capital funding back had to wait three years before selling the IPO shares. That period has been shortened to just one year now on the Shanghai Stock Exchange and the...

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china , shanghai , shenzhen , venture capital
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