China Regulator Tells Banks to Pause IPOs, FT Reports
- China’s securities regulator reportedly told investment banks to pause initial public offerings until markets recover.
- The reported guidance also temporarily suspended large share sales by existing shareholders.
- The China Securities Regulatory Commission reportedly gave investment banks informal “window guidance” during meetings.
- The reported action followed an 8.5% October decline in the CSI300 Index.
19 Articles
19 Articles
China halts IPOs as Asian markets continue to retreat under AI woes
China’s securities regulator has reportedly paused listings in another blow to the region, as it struggles to recover from investors’ AI fears. The China Securities Regulatory Commission has held meetings with investment banks over the last few days about holding fire on initial public offerings, according to reports in the Financial Times. Large sales by [...]
China's securities regulator has ordered investment banks to temporarily suspend initial public offerings (IPOs) and halt large-scale sales by existing shareholders, the latest move after local stock markets suffered their worst monthly performance in a decade, with the restrictions set to remain in place until the market situation stabilizes.
Beijing's Stock Rescue Turns More Desperate: Regulators Reportedly Halt IPOs
Beijing's Stock Rescue Turns More Desperate: Regulators Reportedly Halt IPOs China's version of the "Plunge Protection Team" was back in action on Tuesday.The Financial Times reports that the securities regulator has instructed investment banks to pause initial public offerings, curbing new equity supply. The reported intervention follows a series of measures aimed at reversing the bear market, suggesting Beijing is increasingly uncomfortable wi…
The China Securities Regulatory Commission held meetings with investment banks and offered “informal guidance” on the issue over the past few days, the report adds.
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