Chinese IPO

China's securities watchdog scares away IPO applicants

Guizhou Zunyi Titanium cancels its A-share IPO application. As many as 200 other companies are expected to follow suit.

<div style="text-align: left;"> Chinese authorities want to encourage more companies to list in Hong Kong </div>

Lillian Liu

January 14, 2013

Only a day after China’s securities regulator announced it would closely vet the financial statements of listing hopefuls, companies started withdrawing their applications for new share sales.

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