Chinese IPO

Listing disclosure throws light on Chinese IPOs

In an attempt to improve transparency, China is setting the bar higher for IPO candidates such as bear-bile producers and copyright infringers.

<div style="text-align: left;"> A worker extracts bile at a bear farm owned by Guizhentang Pharmaceutical </div>

Lillian Liu

February 29, 2012

Transparency has always been a sensitive issue in China. There’s an old Chinese saying that good news stays at home, while bad news travels a thousand miles. In reality, things often happen the other way around in China.

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