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Caixin

Hundreds of IPOs stuck in China's regulatory logjam

14 companies' listing processes aborted this month, 5 times more than a year ago

As of Jan. 27, 199 companies were awaiting regulatory clearance to list on the Nasdaq-like STAR Market in Shanghai while 73 more were waiting for a main board listing.   © Reuters

Backlogs of applications for initial public offerings reemerged in China as regulators tightened scrutiny following Ant Group's surprise listing suspension, forcing several companies to cancel their share sale plans.

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