China approves 13 new IPOs
Updated: 2016-07-09 11:26
(Xinhua)
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BEIJING - China's securities regulator on Friday gave the nod to the IPO applications by 13 companies.
The total capital raised will be no more than 9.1 billion yuan ($1.36 billion), the China Securities Regulatory Commission (CSRC) said in a statement.
Among the 13 companies, six will be listed in Shanghai, one on Shenzhen's small and medium enterprise board, and the rest on the NASDAQ-style ChiNext board in Shenzhen.
The companies include China Film Co Ltd, Xinhua Winshare Publishing and Media Co and Beijing Changjiu Logistics Co.
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