China gives greenlight to 10 IPO applications
The China Securities Regulatory Commission (CSRC) approved 10 initial public offering (IPO) applications on Monday, marking the official restart of IPOs since mid-February.
Five applications will be listed on the Shanghai Stock Exchange and the rest on the Shenzhen Stock Exchange, the CSRC said in a Weibo posting.
The companies and their brokers will set the share-issuing dates after talking with the two bourses and release their prospectuses in the coming days.
