Deloitte: Reforms boost IPOs in China


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SHANGHAI: The ongoing deepened reforms in the Chinese capital market have borne fruit, with vibrant initial public offerings (IPOs) as solid proof, a report released by services provider Deloitte said.

Chinese mainland bourses are set to record 491 IPOs by the end of this year, with the expected proceeds to exceed 536.7 billion yuan (US$84.2bil or RM354.15bil).

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