Wednesday 26 March 2025 10:43 GMT

China approves 3 new IPO submissions


(MENAFN)China's securities watchdog has accepted the initial public offering (IPO) applications of three firms.

The China Securities Regulatory Commission stated in a report that Qilu Bank Co.,Ltd., Bondex Supply Chain Management Co.,Ltd. and Eastroc Beverage (Group) Co., Ltd. will be put on the A-share market.

The commission did not identify the total finances to be raised.

The firms and their underwriters will confirm IPO dates and issue out their prospectuses following talks with the stock exchanges.

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