Chinese companies queuing up to list on domestic stock exchanges are becoming increasingly worried that falling share prices will prompt authorities to delay their initial public offerings.
The mainland IPO market was widely expected to reopen in July, according to sources familiar with the situation.
IPO underwriters also say that they were told by the China Securities Regulatory Commission CSRC a week ago to get their paperwork in order a clear sign that the watchdog would allow IPOs again, they believed, after stopping them last November.
However, tumbling stock indices may push back the timetable.
“The authorities were determined, but...