BUSINESS China greenlights four new IPO applications

BUSINESS

China greenlights four new IPO applications

Xinhua

10:47, May 30, 2021

File photo: CFP

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

Ningbo Shimao Energy Co., Ltd., Zhejiang Publishing &Media Co., Ltd., Shandong Link Science and Technology Co., Ltd. and Hunanvalin Wire&Cable 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 IPO dates and publish their prospectuses following discussions with the stock exchanges.

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