31 Mar China’s first-quarter IPOs plunge 65% as regulator’s focus on listing quality saps pipeline
Posted at 03:00h
in Asia
China’s initial public offerings (IPOs) tumbled 65 per cent in the first quarter, a trend that is likely to persist through the year as the securities regulator has pledged to improve the quality of new listings and apply more scrutiny to listing applicants.Twenty-eight companies have...