China halts over 40 IPOs as it investigates law firm and broker


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Disclaimer: We make affiliate commissions from Bluehost by promoting to our readers. We recommend Bluehost to our readers since it is one of the only affordable hosting solutions that are both reliable and high in capacity and offers excellent customer service. Article content SHANGHAI — Chinese bourses have halted processing more than 40 initial public offering (IPO) plans in Shanghai and Shenzhen amid an investigation into four intermediaries in the deals including a law firm and a broker, according to exchange disclosures. The Shenzhen Stock Exchange suspended more than 30 IPO plans on Aug. 18 slated for its ChiNext board,...