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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...

For a While, No More IPOs in China...
Photo courtesy of iStockphoto, Tor Lindqvist




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Tags: ipo  china  China  Securities  Regulatory  Commission  CSRC  more  more+ipos 

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