Rout puts US$154b share sales at stake

Beijing

MORE than US$154 billion of share offerings in China are in danger of being shelved as the collateral damage from the nation's stock-market rout spreads.

"Selling new shares now, whether publicly or privately, is like trying to draw blood from a patient who's already looking so weak and pale," said Zhang Qi, an analyst at Haitong Securities Co in Shanghai.