PRESS DIGEST -China - April 30
April 30 (Reuters) - Chinese newspapers available in Beijing and Shanghai carried the following stories on Wednesday. Reuters has not checked the stories and does not vouch for their accuracy.
CHINA SECURITIES JOURNAL
- Sources told reporters that new detailed standards regarding the regulation of IPOs, in particular pertaining to underwriting, subscription processes and private equity should be released in the near future.
- Profits in a total of 2,473 listed companies hit 2.24 trillion yuan ($357.94 billion) in 2014, rising 14.68 percent from a year earlier, Wind Information data showed.
SHANGHAI SECURITIES NEWS
- Profits at listed Chinese companies beat expectations in 2013, rising over 14 percent.
- The Supreme Court ruled that all parole and early-release hearings involving officials imprisoned for graft must be open to the public.
(Reporting by the Shanghai Newsroom; Editing by Anupama Dwivedi)
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