15 Chinese companies to go public
Updated: 2016-11-12 10:55
(Xinhua)
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BEIJING - China's securities regulator on Friday agreed to the initial public offering (IPO) applications for 15 companies.
The total capital raised will be no more than 11.2 billion yuan ($1.64 billion), the China Securities Regulatory Commission said in a statement.
Among the 15 companies, eight will be listed in Shanghai, three on Shenzhen's small and medium enterprise board, and the rest on the NASDAQ-style ChiNext board in Shenzhen.
The companies include Anhui-based Huaan Securities, Jiangsu Rutong Petro-Machinery, and Shandong-based supermarket chain Jiajiayue Group.
China resumed IPOs in November 2015 after they were frozen in July 2015 in an attempt to stabilize the market.
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