Second market readies for public offers

China's securities regulator is likely to allow initial public offerings (IPO) to be launched on the second board, according to industry experts.

The regulator's green signal is likely to spur an IPO market that has been dormant for over five months now.

According to a source close to the China Securities Regulatory Commission (CSRC), the regulator has asked companies who had received permission for IPOs last year to submit their annual reports for possible floats this year.