For a While, No More IPOs in China...

Filed in archive IPOs 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

Related Entries:

U.S. China Economic Security Review Commission wants to slow... - 24 August 2005
China IPOs Surge in Hong Kong - 15 May 2006
China Securities Yearbook Offers Timely Debut - 03 July 2006
Policy Reforms & China IPOs: Analysis & Forecast - 20 July 2006

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