IPO momentum builds as regulator relaxes oversight

New rules signal shift toward market-driven approach

6 minute read July 29, 2009 at 12:58 AM

clpstaff and clp articles

As July opened, China's market regulator approved the first large initial public offering since September 2008. The IPO was the first Shanghai listing to be made under new listing rules which show a clear move toward a more market-drive approach.

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