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Industry

CSRC approves IPO applications of 2 firms

May 08, 2018


Abstract : The China Securities Regulatory Commission (CSRC) announced last Friday that it approved the IPO applications of two companies.

IPO

BEIJING, May 8 (Xinhua) -- The China Securities Regulatory Commission (CSRC) announced last Friday that it approved the IPO applications of two companies.

According to the announcement, the two firms, including Ecovacs Robotics and Hanjia Design Group Co., will be allowed to raise a maximum total of 1.1 billion yuan.

The two firms and their underwriters will confirm the IPO schedule following discussions with the exchanges before publishing prospectuses.

(Edited by Yang Yifan, yangyifan@xinhua.org)

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Keyword: China-Stocks-Market CSRC

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