China's IPO market reopens for business

China will resume new listings following a summer ban as the government struggled to arrest a massive stock market rout. Future IPOs will also be subject to new rules.
China's four-month ban on initial public offerings was lifted on Friday, providing further evidence that the country is putting the summer's market scares behind it as shares stabilise.
 
The China Securities Regulatory Commission said 28 companies that had previously been cleared to list would be first in line, according to a statement posted on its website.
 
It said 10 of these companies would likely go through the necessary legal procedures in the next two weeks, while the other 18 were set to float before year-end. Among the companies featured are Readers Publishing Media, Shenyang Taoli Bread, and Anji...
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