Chinese financial regulators instructed domestic banks and investment institutions to pause initial public offerings (IPOs) and halt large equity sales by major shareholders. The emergency steps follow a bruising month for Chinese equities, highlighted by the CSI 300 index suffering its worst monthly percentage decline in over a decade. By using informal “window guidance” to restrict new share supply and corporate listings, authorities aim to curb downward pressure and alleviate liquidity strains. Market analysts note that while administrative curbs provide temporary technical relief, restoring lasting investor confidence will require structural economic reforms and robust demand-side fiscal stimulus. The latest restrictions complement a series of active state interventions including central bank swap facilities and state-backed fund purchases designed to stabilize the broader financial architecture.

Full report : China regulator tells banks to pause IPOs to stop stock market rout.