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Agricultural Development Bank of China
Economy

China approves two IPO applications

September 22, 2021


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

BEIJING, Sept. 21 (Xinhua) -- China's securities regulator has approved the initial public offering (IPO) applications of two companies.

Ningbo Dechang Electric Machinery Manufacturing Co., Ltd. and Hangzhou Flariant Co., Ltd. will be listed on the A-share market, the China Securities Regulatory Commission said in a statement.

The commission did not specify the total funds to be raised.

The companies and their underwriters will confirm the dates of the IPOs and publish their prospectuses following discussions with the stock exchange. Enditem

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Keyword: IPO

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