Global Times? -- does those companies include a few soya/oyster sauce factories?
2024..??
Jack Ma out of hiding last yr?
https://www.japantimes.co.jp/business/2024/03/29/markets/chinese-firms-ipos-scrutinized/So far this year, though, the Shanghai and Shenzhen stock exchanges have accepted zero IPO applications.
China this month unveiled a set of rules to tighten scrutiny over IPOs, public companies and underwriters. In addition, it curbed IPOs also to reduce equity supply and ease selling pressure in a wobbly secondary market.
With the tighter scrutiny and shrinking liquidity triggering uncertainty about domestic listings, many companies are giving up hopes to list — more than 80 IPO candidates in China have terminated their plans to list at home so far this year.
