China ’s first-quarter IPOs plunge 65% as regulator’s focus on listing quality saps pipeline

The slump reflects a shift in the regulator’s stance on fundraising, which investors blamed for causing a glut of stock issuance and contributing to a three-year downturn in stocks. The China Securities Regulatory Commission (CSRC) said it would tighten listing rules , particularly on applicants…#wangzhengzhi #shanghai #guangdongprovince #shenzhen #syngenta #csrc #lihui #huajinsecurities (Source: Reuters: Health)