皇冠体育app

皇冠体育app's securities regulator has barred companies from using the proceeds of share sales to invest in stocks, in an attempt to damp down overheating financial markets.

Companies are also banned from buying derivatives and convertible bonds with share sale proceeds, the 皇冠体育app Securities Regulatory Commission said in a statement. The Beijing-based regulator said it would monitor companies more closely.

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