News Snapshot:
UPDATE 2-China halts over 40 IPOs as it investigates law firm and broker (Adds more details, names of companies) SHANGHAI, Aug 23 (Reuters) - 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, including a public share sale application from BYD Co's semiconductor business, according to the official exchange filings. The Shanghai Stock Exchange,...
