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China IPO fundraising poised to spike as govt pushes debt reduction

New listings last year rose an average 430 per cent in their first month of trading, the highest since at least 1999.


FUNDRAISING from Chinese domestic initial public offerings in 2017 is expected to jump to the highest level in six years, as the government turns to the stock market to help companies reduce debt.

The volume of first-time share sales in mainland China is forecast to rise...

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