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Cryptopolitan 2023-06-11 12:58:26

Foreign banks shut out of lucrative China IPOs

An air of gloom surrounds the once vigorous involvement of foreign banks in mainland China’s Initial Public Offerings (IPOs). Current figures reveal a low unmatched since 2009, signaling a relentless struggle for these foreign entities to maintain their presence within China’s increasingly secluded financial ecosystem. In the present fiscal year, overseas banks have merely handled ... Read more

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