Firms cautious about IPOs
By Zhang Ran | China Daily | Updated: 2010-03-08 07:55
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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.
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