China Restarts IPO Engine

China has reopened its market for initial public offerings after shutting it for more than four months, the Wall Street Journal reported today. The mainland IPO market has been touch-and-go for several years due to generally dismal performance, with Chinese regulators instituting temporary halts in new IPOs in an attempt to shore up the market. That’s left many Chinese companies strapped for cash in a slowing economy.

China Restarts IPO Engine – MoneyBeat – WSJ.

 

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