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China’s Nasdaq Crashes
The normalization of initial public offerings (IPOs) in China could help raise the financing efficiency of companies and direct more capital into the real economy, experts have said.
Since an IPO suspension between July and November 2015, the country's securities regulator has progressively sought to normalize IPOs.
That's from Xinhua, and anyone holding shares on the tech-heavy Shenzhen wishes they hadn't printed it.
“Xinhua’s comments on IPO normalization are leading to rising concerns
