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Firms cautious about IPOs

By Zhang Ran | China Daily | Updated: 2010-03-08 07:55

Firms cautious about IPOs

Empty desks during a break at the Shanghai Stock Exchange. After the global economic downturn, mainland businesses were naturally cautious when asked about their listing plans. Qilai Sheng/Bloomberg

Beijing - Chinese companies are becoming more cautious about listing publicly in the light of the economic downturn, according to a recent report released by leading accounting firm Grant Thornton International.

Firms cautious about IPOs

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