China IPO prospectus disclosures rise to 211

BEIJING -- China's securities regulator on Sunday evening unveiled prospectuses of 25 IPO applicants, bringing the total number to 211 since April 19.

Restart of IPOs

In the latest round of disclosures, 12 applicants bid for the main board of the Shanghai Stock Exchange, 5 for the small and medium-sized enterprises board in Shenzhen and 8 for the ChiNext Board, the China Securities Regulatory Commission (CSRC) said.

The commission has revealed a total of 10 rounds of prospectuses since April 19. But prospectus disclosure may not necessarily grant the companies access to the capital market, as the applications are still subject to CSRC approval.

CSRC gave the nod to three IPO applications on April 30, the first approvals in 18 months. More than 600 companies are still waiting for listing on the country's two bourses.

Private lenders will test the waters of financial reform	China to open interest rate in one or two years