Free corporate China from the IPO freeze

A year-long moratorium on IPOs is jamming China's financial system and fuelling shadow banking. It's in urgent need of reform.

FT.com

For the financial mavens out there, here is a question to test your mettle: what was China’s biggest initial public offering of the past year? If you are drawing a blank, there’s a good reason.

The correct answer is: none.

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