CSRC sets deadline for IPO disclosures for June

Most companies whose applications for initial public offerings are being evaluated will make their preliminary disclosures by the end of June, a spokesman for the China Securities Regulatory Commission said on Friday.

The disclosures, which explain the size and purpose of an issue, will be posted on the CSRC website.

From April 18-24, there were 97 companies that posted disclosures. Among them, 47 applied for offerings in Shanghai and 50 in Shenzhen.