-China stocks down on IPO concerns; ChiNext follows Nasdaq to record high
(Repeats to attach to alert) By Samuel Shen and Kazunori Takada SHANGHAI, April 24 (Reuters) - China stocks fell on Friday, weighed down by financial heavyweights, after the securities regulator said it would accelerate approval of initial public offerings in an apparent effort to cool the red-hot market. The Nasdaq closed at an all-time high on Thursday, surpassing a 2000 record set just before the dotcom crash.
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