SHANGHAI : Chinese bourses have halted processing at least 60 initial public offering applications as regulators investigate intermediaries in the deals, including Deutsche Bank's Chinese securities venture.
Each had hired one or more of three companies being investigated by securities regulators - Zhong De Securities Co, accountancy firm SineWing and law firm King&Wood Mallesons - the exchange filings said. Zhong De is a joint venture between Shanxi Securities and Deutsche Bank AG.
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