- Ten companies are expected to begin taking orders for new listings on the Shanghai and Shenzhen stock markets this week, marking China's first IPOs since July, when the government banned new share sales to halt a heavy market selloff.
- The companies are among 28 that are expected to list before the end of the year, part of a backlog of nearly 700 firms.
- Orders for shares must be prefunded under current rules and are expected to temporarily lock up hundreds of billions of dollars in funds, which may have contributed to the Shanghai Composite's 5.5% drop on Friday.
- Upcoming IPOs
- Previously: China to lift IPO ban (Nov. 06 2015)
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