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China regulator tells banks to pause IPOs, FT reports
Nov 3 () - China's securities regulator has told investment banks to pause initial public offerings and has suspended large share sales by existing shareholders until markets recover, The Financial Times reported on Tuesday, citing three people with knowledge of the discussions. The China Securities Regulatory Commission held meetings with investment banks and gave informal "window guidance" over the past few days, the report added.
Nov 3 () - China's securities regulator has told investment banks to pause initial public offerings and has suspended large share sales by existing shareholders until markets recover, The Financial Times reported on Tuesday, citing three people with knowledge of the discussions. The China Securities Regulatory Commission held meetings with investment banks and gave informal "window guidance" over the past few days, the report added.
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