The announcement was carried on the front page of many newspapers and came a day after share prices dropped to a seven-month low.
Regulators fear the market may fall further, as a potential slew of new shares could overwhelm investor demand.
Following the warning, insurer Ping An said it might scale back or postpone a massive $17bn share issue.
Regulators fear the market may fall further, as a potential slew of new shares could overwhelm investor demand.
Following the warning, insurer Ping An said it might scale back or postpone a massive $17bn share issue.
China's stockmarket warns companies about making a big deal about making big issues about new shares to faise funds. Authorities have approved at least five new mutual funds to boost demands for shares.
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