SHANGHAI (Reuters) - China has suspended new initial public offerings (IPOs) in effort to stabilise falling stock markets, the Wall Street Journal reported on Saturday, citing unidentified sources.
The decision was made at a meeting held earlier in the day involving officials from the cabinet, the central bank, the securities regulator and other financial agencies, the report said.
(Reporting by Kazunori Takada; Editing by Kevin Liffey)
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