IN BRIEF (Page 14)

Your-Mart IPO cleared

Supermarket operator Your-Mart Co has got approval from the securities watchdog to issue up to 50 million A shares, making it the third IPO to be cleared since new listings resumed this month. The public float is planned for July 8, the Changsha, Hunan-based company said in a statement late yesterday.

Earlier, Guilin Sanjin Pharmaceutical Co and Zhejiang Wanma Group Cable Co got approval to list on the small- and medium-sized enterprise board.