In the news: Resuming IPOs, Shenzhen's carbon-trading market and Mengniu deal

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clpstaff &clp articles

IPOs will not resume until rules from the CSRC have been released. Shenzhen launches the first carbon-trading market in China and Mengniu buys Yashili

IPOs will resume after investor protection rules released

The piece from Bloomberg stated that IPOs would resume in the mainland only after rules boosting investor protection take effect. The news agency cited an official from the China Securities and Regulatory Commission (CSRC) as the source.

The regulator is soliciting public comment on the rules until June 21. The CSRC plans to restrict companies and their major stakeholders from selling stock below the initial public offering price for two years after the lock-up period ends.

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