Filed in archive
IPOs
by Greg Cruey on October 12, 2008
China Briefing News and The Edge Daily both reported on Friday that the China Securities Regulatory Commission has stopped looking at IPO applications in an effort to boost stock prices.
The move is not unprecedented. China suspended IPOs for a full year in 2005-2006. The CSRC stopped reviewing applications back on September 16. We'll see how long it lasts this time. In the meantime, VCs and PEs can bite the bullet, I guess, and wait until later for exits...
Photo courtesy of iStockphoto, Tor Lindqvist
The move is not unprecedented. China suspended IPOs for a full year in 2005-2006. The CSRC stopped reviewing applications back on September 16. We'll see how long it lasts this time. In the meantime, VCs and PEs can bite the bullet, I guess, and wait until later for exits...
Photo courtesy of iStockphoto, Tor Lindqvist
Permalink: For a While, No More IPOs in China...
Trackback: http://publish.creative-weblogging.com/publish/mt-tb.pl/136048
Addthis
Ask
Blinklist
del.icio.us
Digg
Fark
Facebook
Google
Lycos
Ma.gnolia
Mr Wong
Netscape
Netvousz
Newsvine
Reddit
StumbleUpon
Slashdot
Tailrank
Technorati
Wink
Yahoo
Vote for For a While, No More IPOs in China...:
|
Rating: 10.00 out of 1 vote(s) cast.
|
Subscribe
Use the search to look for other interesting posts
| RSS |  See all blog subscribe options |
 What is RSS? | |
| Yahoo! |
|
| Addthis |
|
| Bloglines |
|
| Newsletter | |
| Follow us on Twitter! |
