2nd batch of new A-share listings may land on exchanges in April

The second batch of initial public offerings in the A-share market may start in early April after the securities regulator refined measures for the new share-listing reform plan, industry experts said.

Some securities firms received notices from the Shenzhen and Shanghai stock exchanges to test the system for the trading of new share listing this week, according to those with knowledge of the matter.

"There are many companies eager to raise funds from the stock market so restarting IPOs in April is necessary," said Hong Hao, managing director and chief strategist at BOCOM International Holdings Co Ltd.