China plans to hold 100 IPOs in the second half of 2014, after allowing some 50 firms come to market early in the year, Bloomberg reported, citing a statement from China Securities Regulatory Commission. The stock sales will be spread over time to ensure there is a similar number each month. CSRC on Monday posted preliminary IPO prospectuses for 15 companies. As of May 9, 557 companies were awaiting approval for first-time share sales, according to China International Capital. The country reopened its IPO market in January after a 15-month freeze during which the regulator tried to overhaul rules.
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