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China said to consider suspending IPOs amid stock market plunge

Monday, June 29, 2015 - 15:13

[BEIJING] Chinese regulators are considering suspending initial public offerings to stabilise the country's tumbling stock markets, according to people familiar with the matter.

The China Securities Regulatory Commission is meeting this afternoon with major brokerages, said another person, without saying what will be discussed. The people asked not to be identified as the regulator's deliberations are private.

CSRC officials didn't immediately respond to a faxed request for comment.

BLOOMBERG

sentifi.com

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