China to restart IPOs as market stabilises
CSI300 index notches its best weekly performance since June
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Beijing
CHINA'S securities regulator said on Friday it would allow the resumption of initial public offerings in China, lifting a suspension put into effect in July as regulators desperately tried to slow a devastating stock market crash.
China Securities Regulatory Commission (CSRC) spokesman Deng Ge made the announcement at a weekly news conference in Beijing.
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