China preferred stock issuance to total $24bn in year one
The China Securities Regulatory Commission will allow a selection of mainland companies to issue preferred stock, and analysts expect banks to make full use of the rule change, with Rmb150bn ($24.1bn) expected over the next year.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts