China stocks flat, signs of money inflows ease IPO concerns

April 3, 2015 4:25 AM

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SHANGHAI, April 3 (Reuters) - Chinese stocks ended Friday morning almost flat, as signs of strong money inflows erased concerns about liquidity triggered by a coming wave of new shares.

China's securities regulator said late on Thursday it approved 30 initial public offerings (IPOs), which analysts said could lock up as much as 3.7 trillion yuan ($597.13 billion) in subscription funds over the next two weeks.

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