Shanghai Exchange urges bankers to closely scrutinise Chinese medical firms' IPOs

Shanghai Exchange urges bankers to closely scrutinise Chinese medical firms' IPOs

An electronic board shows Shanghai and Shenzhen stock indexes, at the Lujiazui financial district, following the coronavirus disease (COVID-19) outbreak, in Shanghai, China October 25, 2022. REUTERS/Aly Song/File Photo

The Shanghai Stock Exchange has urged bankers to pay close attention to the marketing practices of Chinese drug and medical equipment makers seeking initial public offerings (IPOs) amid an escalating anti-corruption drive in the sector, sources said.