China considers slowing down IPO approvals again amid listing glut – AFX

From AFX via Forbes.com:

The China Securities Regulatory Commission is considering a slowdown or de facto suspension of approvals for initial public offerings and other issues, amid concern about the glut of offers on the market following the lifting of the previous IPO ban, the South China Morning Post reported.

The report added the previous IPO ban, lifted only two months ago, was not officially announced until months after it took effect, and the CSRC may not announce any new suspension to minimize the impact on market sentiment. [Full Text]

Also see After ban, investors line up for China IPO

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