Share issues paced

The securities regulator said yesterday it will continue to control new share issues to balance supply and demand in the capital market.

"Over the past eight months, the pace of new share issues has slowed," an anonymous official from the China Securities Regulatory Commission (CSRC) said.

There were 73 new mainland listings by the end of August, the official said. In the first half, 59 companies went public at a rate of about 10 initial public offerings per month. That number fell to nine in July and five in August.