News Snapshot:
China Offers easier capital market access to the Covid-Hit Firms Chinese companies impacted by the pandemic are to be offered an easier entrance to its capital markets as Beijing bids to improve its Covid-hit economy. Chinese regulators as well encouraged brokerages and fund managers to channel more capital into virus-hit areas and sectors. And the China Securities Regulatory Commission (CSRC) also promised more regulatory flexibility if businesses can’t sign documents or meet financiers in person because of pandemic-related restrictions. China is grappling with the biggest Covid-19 outbreak in two years, with full or partial lockdowns in cities such as Shanghai...
