IN Hong Kong, a company which makes an initial public offer is usually listed on the exchange within four weeks of the fund-raising exercise.
In China, the listing may be as quick as two weeks or as long as five years or more, depending on the state of the stock markets.
Tianjin Bohai Chemical waited the normal two weeks after the close of its public issue to make a splashy debut in Shanghai in June.
The watchdog China Securities Regulatory Commission was worried that the bears were about to run amok in the hot summer.
As it turned out, the bulls - enamoured by any new share - were out in force to welcome Tianjin Bohai.
Dongfang Electrical Machinery had to wait a good three months for its debut on October 10.
Some believed the delay was a ploy by the regulator to dampen the frenetic speculation - or 'stir-frying' in Chinese parlance - seen in Tianjin's case.