BUSINESS China approves two IPO applications

BUSINESS

China approves two IPO applications

Xinhua

10:59, October 23, 2021

BEIJING, Oct. 23 (Xinhua) -- China's securities regulator has approved the initial public offering (IPO) applications of two companies.

[Photo/VCG]

Yongan Futures Co., Ltd. and Zhejiang Liming Intelligent Manufacturing Co., Ltd. will be listed 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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