Chinese investors on Monday gave a frosty reception to the country’s plans to end a yearlong ban on new stock offerings, sending some domestic markets down sharply.
China’s securities regulator announced on Saturday a package of overhauls to the domestic market for initial public offerings that could see new share sales resume as early as January, with a first batch of about 50 companies ready for listings.
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Neil Gough, The New York Times via CHINA US Focus http://feedproxy.google.com/~r/ChinaUsFocus/~3/nEvRdNvxjfc/
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