Econ and Finance - 24 Jul 2017

Bleak outlook for IPOs in China

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There has recently been lots of speculation in Chinese markets that the securities regulator (CSRC) will relax IPO approvals soon. That was largely thanks to Xi Jinping’s emphasis on direct financing at the Financial Work Conference (NFWC) a few days ago.

CSRC’s response: not a chance. The ...


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