Chinese Companies Wait for Clarity on IPO Regulations

Global Business

Dozens of Chinese companies have abandoned plans for initial public offerings in the Chinese mainland market. Most of them are waiting for an update of requirements from the China Securities Regulatory Commission before moving forward with a listing.

CCTV’s Lenora Chu reports from Shanghai with the details.

Chinese Companies Wait for Clarification on IPO Regulations

Chinese Companies Wait for Clarification on IPO Regulations

Dozens of Chinese companies have abandoned plans for initial public offerings in the Chinese mainland market. Most of them waiting for an update of requirements from the China Securities Regulatory Commission before moving forward with a listing.CCTV's Lenora Chu reports from Shanghai with the details.