Chinese IPO freeze widens to dozens more offerings

Shares sales involving four service providers under scrutiny

NARAYANAN SOMASUNDARAM, Nikkei Asia chief banking and financial correspondent

August 23, 2021 20:53 JST

HONG KONG -- Chinese regulators have frozen more than 40 other IPOs in addition to that of BYD Semiconductor amid a widening investigation into service providers involved with the share sales.

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