China’s securities regulator called for talks with its American counterpart after the US Securities and Exchange Commission halted the initial public offerings of Chinese companies.

The China Securities Regulatory Commission is seeking to step up communication with the SEC to find a suitable resolution, it said in a statement Sunday, Aug 1, after the US regulator said it would suspend any Chinese IPOs until companies improved their risk disclosures. The Chinese watchdog called for mutual respect and collaboration on the issue.

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