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By contrast, STAR Market IPOs are registration-based. Deals go through a more conventional book-building process to arrive at a market-based valuation. The majority of IPO allocations will go to institutional investors, and there are no hard limits on trading in the first five days－although circuit breakers can lead to a temporary pause in trading.

CAAM statistics show that February wholesale stood at 1.48 million, down 13.8 percent year-on-year.

By improving liquidity and widening fund resources of the property market, REITs could help resolve financial risks by trimming leverage levels of property firms, said Chen Qianghua, management partner of global property investment fund of funds at Beijing-based Credit-Ease Wealth Management.

CHANGSHA - In the workshops of Hunan Mendale Household Textiles Co Ltd, intelligent production lines process piles of raw materials like cotton, and three minutes later, a quilt is made.

By necessity, Kansas farmers and ranchers are patient and optimistic, said Kansas Farm Bureau President Richard Felts. But US-China trade dispute is testing that resilience.