China’s A-share market has been hit by an “investing in IPOs” craze since last year, as new stocks typically deliver substantial gains in their first days of trading. Photo: Reuters

State-run funds to get privilege investing in China IPOs

New rules will allow companies to allocate at least 40pc of IPO offline allotments to state funds

Topic |   China stock market

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China’s A-share market has been hit by an “investing in IPOs” craze since last year, as new stocks typically deliver substantial gains in their first days of trading. Photo: Reuters
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