China to Re-Start IPO Process

After a four-month suspension, China will once again allow IPOs, the government announced after the close of trading last week. The halt in initial offerings was meant to stop the June-July decline in China stock prices by preventing investors from selling old holdings to buy new ones. The decline did stop -- in August -- and now market indexes are up 12% since the beginning of 2015. There were 28 companies queued to IPO at the time of the halt. All of them may debut before the end of the year. Initially, ten companies will IPO, including at least one pharma company: Jiangxi Fushine Pharma. More details.... Share this with colleagues: // //