The Chinese government will enforce mandatory environmental disclosures for companies with high pollution emissions and energy consumption, according to a regulation released by the State Environmental Protection Administration (SEPA) Monday. The environmental watchdog said the regulation applies to companies that are already publicly listed as well as those seeking listing.  The report notes that ten companies were forced to delay their IPOs as their applications were rejected on environmental grounds, either because their performance had failed to meet government standards or because their reporting was inadequate.
http://www.chinadaily.com.cn/china/2008-02/26/content_6483468.htm

Independent to this article ASrIA has noted that both HK and China investors have been discussing this actively with alarm on local on-line discussion forums, specifically concerning the impact on China PING AN Insurance and SPD Bank which have been recently trying to raise capital.  Furthermore, three of the ten companies which had their capital raising plans rejected included three HK listed H-shares, China Coal, Zijin Mining and Anhui Conch.