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China Restarts IPO Process for 10 Companies as Stocks Stabilize

China’s securities regulator gave the green light to initial public offerings by 10 companies as a five-month freeze on new share sales ends.

The China Securities Regulatory Commission has restarted IPOs for five companies to list on the Shanghai stock exchange and five in Shenzhen, according to a statement on its official microblog. The 10 companies had already received approval before IPOs were halted in July to prop up the stock market amid a $5 trillion rout.