February 14, 2020 / 1:36 PM / 9 days ago

China eases refinancing rules to help listed firms fight coronavirus

SHANGHAI/BEIJING, Feb 14 (Reuters) - China’s securities regulator loosened its refinancing rules on Friday to help listed companies fight the coronavirus epidemic and resume production.

The China Securities Regulatory Commission (CSRC) said the new rules would make it easier for listed firms to raise additional funding.

CSRC also encouraged listed companies to introduce strategic shareholders. (Reporting by Samuel Shen and Kevin Yao; Editing by Hugh Lawson)

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