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US$11b sales in the offing as China ends IPO freeze

State-owned companies to lead more than 760 awaiting listings

Published Mon, Dec 9, 2013 · 10:00 PM
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[HONG KONG] China's decision to end a 15-month freeze on initial public offerings may unleash at least US$11 billion of share sales in the first half of next year.

More than 760 mainland Chinese companies are waiting to go public. Their plans were halted when regulators imposed the moratorium in September 2012 as they drafted rules aimed at curbing price manipulation.

State-owned companies are expected to be among the first to …

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