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".

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.

¬ Haymarket Media Limited. All rights reserved.

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