Tue, Jan 14, 2014 - Page 15 News List

IPOs postponed as PRC tightens reins

NEW REGULATION:Any company that sets a list price-to-earnings ratio higher than its industrial peers’ in the secondary market must publish repeat risk warnings

Reuters, SHANGHAI

The Shanghai Composite Index slipped 0.2 percent in lackluster volume.

The ChiNext Composite Index of mainly startups in technology and other nascent industries listed in Shenzhen outperformed, rising 0.7 percent.

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