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China approves 4 new IPOs

Updated: Nov 22,2020 09:20 PM    Xinhua

BEIJING — China's top securities regulator has approved the initial public offering (IPO) applications of four companies.

Companies including Shuhua Sports Co Ltd Chengdu Rainbow Appliance (Group) Shares Co Ltd and Sijin Intelligent Forming Machinery Co Ltd will be listed on the A-share market, the China Securities Regulatory Commission said in a statement.

It did not specify the total amount of funds to be raised.

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

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