MCC Debut: Turning Point for China's IPOs?

By staff reporters Wang Xiaolu and Wang Duan

( Magazine) An era of rocket-fuel takeoffs for initial public offerings may be drawing to a close on the Chinese stock market.

Analysts said IPO investors may be coming back to planet Earth after the September debuts of Metallurgical Corp. of China Ltd. (MCC) on the Hong Kong H-share and Shanghai A-share markets.

Factory construction and resource conglomerate MCC (SSE: 601618, HKEX: 01618) was the first company in 10 months allowed by Chinese government regulators to simultaneously list on the A- and H-share markets.