China's IPO euphoria raises tough questions for reformist regulator

Frenzied subscription to the latest batch of initial public offerings on the mainland raked in more than 1 trillion yuan (HK$1.26 trillion) as investors bet on handsome first-day gains.

via South China Morning Post - Business feed http://www.scmp.com/business/money/markets-investing/article/1652572/chinas-ipo-euphoria-raises-tough-questions