More IPOs line up for the China A-share market

Military uniform contractor Jihua Group starts bookbuilding, while China Everbright Bank's proposed IPO is finally ready to be reviewed by the regulators.

China's stockmarkets saw more money raised from initial public offerings IPOs than any other markets in the world in the first half this year and will continue to embrace an influx of new share offerings in the second half, as indicated by a series of share sale plans.

The proposed listings are likely to proceed, market watchers say, even though the benchmark Shanghai Composite Index, which tracks the bigger of China's stock exchanges, fell 26% in the first half, making it one of the worst performers in the world. The decline came as Beijing stepped up measures to curb inflation and property speculation.

While the market is still closely...

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