Skip to content
Subscriber Only

China Said to Mull Delaying Nuclear IPO Amid Stock Market Slide

The Chinese government is considering a delay in the initial public offering of China Nuclear Engineering Corp., according to people with knowledge of the matter.

The delay is being considered because of current market conditions, said the people, who asked not to be identified because the information is private. Regulators are considering suspending IPOs to counter a rout in Chinese shares, with the benchmark Shanghai Composite Index having entered a technical bear market yesterday, separate people with knowledge of the matter said yesterday.