Regulator denies immediate resumption of IPOs

China Securities Regulatory Commission (CSRC) said on Wednesday morning that the examination panel has yet to convene for new IPOs, giving no specific timetable.

The commission said that IPO applicants are still filing for the latest annual fiscal auditing reports, and the restart of IPO is slightly lagging behind the schedule.

CSRC said it is working on the restart of IPOs and will release the list of applicants to be examined by the panel five days before the meeting.

An examination panel is a group of experts and business insiders who are designated to go through applications before the launch of an IPO.