CLAIMS THAT CHINA'S FREEZE ON IPOS WILL HINDER THE MARKET

The China Securities Regulatory Commission's (CSRC) recent temporary suspension on the initial public offerings (IPO) review won't help the market in the long-term, according to Jeffrey Maddox, partner at Jones Day.

“These types of measures never help a market in the long-term, and any short-term benefits are quickly swallowed by the market due to the uncertainty and lack of transparency of market regulation in the PRC,” he said.