China regulators juggle IPOs with growth and a market plunge

A 20 percent fall in Chinese stocks over the past two weeks, mainly blamed on a flood of initial public offerings, highlights the risks that regulators face as they try to use the stock market to support the slowing economy. "The government appears eager to maintain a bull market to expand the capital market and reduce reliance on bank lending," analysts at Standard Chartered said in a note to clients on Saturday. The stock market, which has seen indexes gain as much as 150 percent since November, has been one of China's few bright spots as economic growth has flagged and property prices have slid, and regulators have tried to take advantage of it to support the wider economy.

China regulators juggle IPOs with growth and a market plunge source: http://finance.yahoo.com/news/china-regulators-juggle-ipos-growth-043640345.html