China approves five ChiNext IPOs
(MENAFN) China's securities watchdog has accepted the initial public offering (IPO) listing of five firms on the country's NASDAQ-style ChiNext board.
The China Securities Regulatory Commission revealed that GAD Environmental Technology Co., Ltd., Shanghai Labway Clinical Laboratory Co., Ltd., Hangzhou Dadi Haiyang Environmental Protection Co., Ltd., Shanghai Ailu Package Co., Ltd. and Zhejiang Yanpai Filtration Technology Co., Ltd. will be registered on the Shenzhen Stock Exchange's board of expansion enterprises, the ChiNext board.
The firms and their sponsors will affirm the IPO dates and issue out their prospectuses after talks with the stock exchange.
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