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flag China's CSRC tightens IPO scrutiny, resulting in 47 companies withdrawing their IPO plans.

flag China's securities regulator, CSRC, tightens IPO scrutiny, leading to 47 companies withdrawing their IPO plans. flag This increase reflects the focus on restoring market confidence through measures such as on-site inspections, fines for fraudulent listings, and accountability for share issuers regarding accounting fraud. flag China's IPO market has slowed down since regulators began implementing restrictions in late 2022.

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