Chinese stocks extended their losses from last week and sank to a five-month low on Monday amid lackluster economic data and fears.
Next year will see record figures for Chinese IPO due to the resumption of IPOs on the Chinese mainland and strong Hong Kong momentum.
China shares ended a choppy Monday on a weaker note, as investors took profit on outperformers anticipating IPO reforms will divert funds to new listings.
The Nasdaq-style ChiNext Composite Index of most technology start-ups listed in Shenzhen has dived 5.9 percent in Monday morning trade.
Nearly 60 percent of listed companies in the Chinese mainland are profitable, according to their interim reports.
Chinese shares jumped on Tuesday as the country's securities regulator is reportedly delaying massive resumption of initial public offering.
China has suspended IPOs for eight times since its stock market was launched in early 1990s.
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