# Shanghai Stock Exchange
Latest news and articles about Shanghai Stock Exchange
Total: 4 articles found
A Rude Awakening for China’s Mattress King: Inside the $14 Million Scandal at Xilinmen
Xilinmen Furniture is facing a major governance crisis after 100 million RMB was illegally transferred from a subsidiary's account, leading to a police investigation and a massive asset freeze. The incident highlights critical failures in internal controls and the risks of family-dominated management in one of China's leading consumer goods companies.
China’s Exchanges Ease Refinancing Rules to Channel Capital Toward Top and Tech Firms — With Tight Guardrails
China’s Shanghai, Shenzhen and Beijing stock exchanges unveiled a package of measures to speed and tailor refinancing for higher-quality and tech-focused listed companies while tightening disclosure and post-issuance supervision. The changes include preferential reviews for market-recognised firms, explicit accommodation for firms whose shares trade below IPO levels to raise funds, and new numerical tests for ‘light-asset, high-R&D’ companies.
China's Exchanges Clamp Down as A‑Shares Rally Cools: 800+ Interventions and a Return to Macroprudence
China's securities regulator and stock exchanges have tightened market controls after a rapid A‑share rally, executing more than 800 supervisory actions in a week and raising the minimum margin requirement for new financing contracts from 80% to 100%. The moves aim to curb speculative leverage and steer the market toward longer‑term institutional investors while preserving orderly trading.
Shanghai-listed Materials Firm Insists Chairman Played No Role in Robotics R&D Amid Regulatory Query
Shangwei New Materials said its chairman, Peng Zhihui, did not take part in the company’s R&D and that operational responsibility sits with joint CEO/CTO Zhou Bin, after receiving supervisory queries from Shanghai regulators. The company highlighted existing governance structures and pledged more cautious external communications given Peng’s concurrent role at a related robotics firm.