Department of Public Offering Supervision and Department of ChiNext Offering Supervision of the China Securities Regulatory Commission, Circular on Issues Relevant to the Pricing of New Share Offerings

中国证券监督管理委员会发行监管部、创业板发行监管部关于新股发行定价相关问题的通知

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clpstaff &clp articles

An IPO P/E ratio should not be higher than the industrial average by 25%.

Issued: May 23 2012

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