Equities slide on liquidity worries
By Xie Yu in Shanghai | China Daily | Updated: 2014-04-22 07:23
Investors fear that new offerings will drain funds from existing companies
Chinese stocks fell on Monday as investors worried that a new round of initial public offerings could drain market liquidity.
The China Securities Regulatory Commission on Friday released the names of 28 companies that have disclosed IPO plans, indicating the authority may soon resume approval of new issues.
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