Nasdaq halts small Chinese company IPOs as it probes stock rallies
NEW YORK, Oct 22 (Reuters) – Nasdaq Inc. (NDAQ.O) has slowed initial public offering (IPO) preparations for at least four small Chinese companies while investigating short-lived stock rallies by said companies after their debuts, according to lawyers and bankers working on such stock launches. The stock trader’s actions come amid a surge in shares of …
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