China ready to open the floodgates for new listings: Fred Hu

Chinese authorities are poised to open the floodgates for new stock listings, easing pressure on the backlog of companies looking to raise capital and offering a chance for private-equity firms to exit their investments.

via Business feed http://www.scmp.com/business/money/markets-investing/article/1312268/china-ready-open-floodgates-new-listings-fred-hu