China approves three IPO applications

Source: Xinhua | 2018-09-03

China's top securities regulator has approved new IPO applications from three companies, which will raise no more than 1.4 billion yuan in the A-share market.

One company will be listed on the Shanghai Stock Exchange. Two companies will be listed on the Shenzhen Stock Exchange, according to the China Securities Regulatory Commission (CSRC).

The three companies and their underwriters will confirm IPO dates and publish prospectuses following discussions with the exchange.