Chinese regulators are scrutinising old business deals and even the personal bank accounts of senior executives as they ramp up inspections of stock-listing hopefuls to slow the pace of fresh fund raisings and boost secondary markets, according to 10 sources.
The on-site inspections of companies often involve the seizure and examination of mobile phones and laptops belonging to top executives, said two of the sources with knowledge of the matter, methods traditionally used by authorities to probe insider trading cases.
Source: Trade Finance
