Global EditionASIA 中文双语Français
Business
Home / Business / Finance

China's securities regulator approves 2 new IPOs

Xinhua | Updated: 2019-02-02 17:01
Share
Share - WeChat
China is gradually switching from an approval-based IPO system to one based on registration. [Photo/VCG]

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

The companies are Shanghai Yongguan Adhesive Products Co Ltd, and Qingdao Rural Commercial Bank, according to the China Securities Regulatory Commission (CSRC).

The companies and their underwriters will confirm IPO dates and publish their prospectuses following discussions with the stock exchanges.

Under the current IPO system, new shares are subject to approval from the CSRC. China is gradually switching from an approval-based IPO system to one based on registration.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE