New Red Chip listings on China’s A-share market have been halted for now by the State Council. Given the weakness in the A-share market, China’s government appears to want to prevent a new supply of shares from further depressing domestic share prices. The Shanghai Composite Index has fallen about 40% from its high last October. The quality of the Red Chip companies is generally recognized to be higher than many current A-share companies. The Red Chips include such companies as China Mobile, China’s largest mobile telecommunications provider, and Lenovo Group, a leading PC maker. Red Chip companies that list on the A-share market, in addition to the Hong Kong stock market, could probably get a premium price for the A-shares, while helping to broaden and deepen the A-share market at the same time.