The China Securities Regulatory Commission stopped allowing public offerings in September after the Shanghai Composite Index fell almost 60 percent in the first nine months of last year.

中国安全在上海综合指数在去年的最初九个月内几乎跌落60%之后，管制的佣金停止在九月允许公众的提供。

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Listed companies' profits grew less than half as fast in the first half of 2008 as they did a year earlier, the Shanghai Securities News reported last week.

上海证券报上周报道，今年上半年中国上市公司利润增长速度不到去年同期的一半。

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"The Hong Kong market is going into a gradual consolidation phase, " said Linus Yip, First Shanghai Securities strategist in Hong Kong.

WSJ: Asian Shares End Lower

"People in the market expect there will be a recovery in the second quarter, " said Linus Yip, strategist at First Shanghai Securities.

WSJ: Asia Markets End Mixed

"Because the macroeconomic situation is still bad, we are expecting there might be some new policy coming out, " said Linus Yip, strategist at First Shanghai Securities in Hong Kong.

NPR: Asia Stocks Up On US Company Earnings, Home Sales