Tuesday, May 1, 2012

Reuters: Mergers News: Market Chatter - Corporate finance press digest

Reuters: Mergers News
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Market Chatter - Corporate finance press digest
May 2nd 2012, 04:10

BANGALORE | Wed May 2, 2012 12:10am EDT

BANGALORE May 2 (Reuters) - The following corporate finance-related stories were reported by media on Wednesday:

* China's securities watchdog is preparing tougher rules that will delist underperforming companies from the Shanghai and Shenzhen stock exchanges' main board, the official Shanghai Securities News said.

* Chinese bank lending is estimated to have dropped 30 percent in April from a month earlier as demand for credit declined, the official China Securities Journal reported.

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