Beijing's Stock Rescue Turns More Desperate: Regulators Reportedly Halt IPOs
Beijing's Stock Rescue Turns More Desperate: Regulators Reportedly Halt IPOs China's version of the "Plunge Protection Team" was back in action on Tuesday. The Financial Times reports that the securities regulator has instructed investment banks to pause initial public offerings , curbing new equity supply. The reported intervention follows a series of measures aimed at reversing the bear market,…
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