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China greenlights three new IPO applications

China's securities regulator has approved the initial public offering (IPO) applications of three companies.

Jinan Shengquan Group Share Holding Co., Ltd., Hengsheng Energy Co., Ltd., and Qingdao Food Co., Ltd. will list on the A-share market, the China Securities Regulatory Commission said in a statement.

The commission did not specify the total funds to be raised.

The companies and their underwriters will confirm the dates of the IPOs and publish their prospectuses following discussions with the stock exchange. 

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