China’s Push for IPO Reform Endorsed by San Francisco Fed StudyBy
Public listing size too small to affect overall stock market
No evidence to support intervention has stabilizing effect
Initial public offerings by Chinese companies have little impact on the stock market, suggesting that the loosening of control over mainland IPOs could improve efficiency without increasing volatility, according to a study by the Federal Reserve Bank of San Francisco.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.