PE-backed Chinese firms delay IPOs as CSRC tightens oversight
At least five Chinese companies – three of which have PE backers – have postponed their IPOs as the Chinese Securities Regulatory Commission (CSRC) released measures to strengthen supervision of public offerings.
The three PE portfolio companies are Ciming Health Checkup Mangement Group, a medical-examination services provider, digital surveillance systems provider Netposa Technologies and NSFocus Information Technology,...
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