China's securities regulator says it will lift a moratorium on initial public stock offerings as it winds down emergency measures imposed to stop a market plunge that began in June.
The official Xinhua News Agency and financial news outlets said a spokesman for the China Securities Regulatory Commission, Deng Ge, announced the move today.
No details were immediately released about when sales would resume.
More From This Section
The Shanghai Composite Index (SCI) has surged 17.6 per cent in the past month.