Southwest Securities said to be one of the most active players in backdoor listings.
Securities regulator toughening enforcement stance; has rejected 17 IPO applications this year.
Central bank’s annual report also says it will further open up China's bond market.
Measures include risk management staffing, system requirements to be implemented on 1 October.
Securities regulator also doubles lock-in period for shareholders in restructured companies.
Influential research center says reform should focus on ‘regulatory philosophy’ over next 2-3 years.
Tao Liming confessed in 2014 to taking bribes and embezzling public funds.
Deputy governor says orderly market exits for financial institutions should be encouraged.
Regulator to continue with strict oversight, strengthen action on restructuring, M&A manipulation.
Companies use analysts, and potentially even auditors and fund managers, to communicate value, CUHK study finds.
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