Wednesday, January 15, 2014

China's crackdown on overpriced IPOs shows effect





Mainland companies marketing initial share sales are settling for lower valuations than most investors are willing to pay, evidence that a central government crackdown on overpriced deals is yielding results.









via Business feed http://www.scmp.com/business/money/markets-investing/article/1405808/chinas-crackdown-overpriced-ipos-shows-effect

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