Tian Xiaoli („Imago Images“ / „Scanpix“) nuotr.

More than 20 planned IPOs funded by China Merchants Securities have been halted on Chinese exchanges after China’s stock regulator took an interest in the company.

The Shenzhen Stock Exchange has frozen 15 IPOs targeting its ChiNext stock listing, while Shanghai has suspended five IPOs targeting its STAR Market, Reuters reports.

More than 20 IPOs by China Merchants Securities are on hold in China comes via ChinaTechNews.com.