Over 40 Chinese IPOs Halted as Regulatory Probe Into Major Law Firm Opens

Beijing-based Tian Yuan Law Firm is being investigated by the China Securities Regulatory Commission (CSRC), the main regulatory body of the securities industry in China.

As part of the regulatory probe, Chinese bourses in Shanghai and Shenzhen have halted processing more than 40 IPOs, according to announcements made on the Shenzhen Stock Exchange.

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