Chinese regulators resort to suspension of IPOs

The securities regulator, turning off the IPO spigot for the ninth time, said it will continue to review listings applications but there will be no IPOs "in the near future".

Chinese regulators resort to suspension of IPOs

Beijing suspended new share sales over the weekend to “stabilize” the country’s volatile stock markets, which plunged by nearly 30% in the three weeks to July 3.

China Securities Regulatory Commission CSRC spokesman Deng Ge announced late on Sunday night that there would be no initial public offerings in the near future.

Although the securities regulator will not stop reviewing IPO applications, the number of IPOs and the size of...

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