Despite Tighter Rules On Chinese Reverse Mergers, Shell Company Prices Rise

stocksSince China's securities regulator issued a draft rule to tighten control on reverse merger listings in June, the number of canceled back-door listings in the country has increased dramatically. The prices of shell companies, however, have risen as a result. In the four months between June to September, a total of 150 listed companies have […]

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Read the original article: China Money Network