Deals
China Considering Suspending IPOs Amid Stock Market Plunge
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Chinese regulators are considering suspending initial public offerings to stabilize the country’s tumbling stock markets, people familiar with the matter said.
The China Securities Regulatory Commission is meeting this afternoon with major brokerages, said another person, without saying what will be discussed. The people asked not to be identified as the regulator’s deliberations are private. CSRC officials didn’t immediately respond to a faxed request for comment.