NZX lashes inaccuracies in Chorus solvency coverage

NZX lashes inaccuracies in Chorus solvency coverage
By Paul McBeth Oct. 11 (BusinessDesk) - NZX, the stock market operator and supervisor, has rapped media reports in latching on to a lobby group’s comments on listed company Chorus’s solvency. The stock market operator took the unusual step of explaining that it doesn’t comment on individual issuers’ financial positions, and that it has accepted Chorus’s confirmation that it is complying with continuous disclosure rules. Listed companies have to adhere to disclosure rules, keeping the market informed if any events will have a material impact...