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
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.
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