FSC downplays Shanghai listing

The Financial Supervisory Commission (FSC) yesterday downplayed the ramifications of Hon Hai Precision Industry Co’s (鴻海精密) decision to list a subsidiary on the Shanghai Stock Exchange and its speedy approval by Chinese regulators. The China Securities Regulatory Commission on Sunday announced that it would begin reviewing the listing application of the subsidiary, Foxconn … http://bit.ly/2tIHeVR

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