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

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Since 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.

China Money Network

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Nina Xiang is the co-founder and managing editor overseeing editorial content and product development at CMN. Before founding CMN in 2011, Nina worked at BusinessWeek magazine in Beijing and Institutional Investor magazine in New York, writing about business and financial services. While in New York, she also served as part-time correspondent for Shanghai's financial television channel, China Business Network, as well as China Radio International, China's national English-language radio network.

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