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China stocks regulator approves 10 IPOs to raise 6 bln yuan
April 22, 2017 / 1:43 AM / 6 months ago

China stocks regulator approves 10 IPOs to raise 6 bln yuan

SHANGHAI, April 22 (Reuters) - China’s securities regulator has said it has approved 10 initial public offerings (IPOs) that aim to raise a combined total of up to 6 billion yuan ($871.52 million).

Six of the approved IPOs are on the Shanghai bourse, two on the Shenzhen small and medium enterprise (SME) board, and two on the start-up ChiNext board, the China Securities Regulatory Commission said in a statement on its official microblog late on Friday.

$1 = 6.8845 Chinese yuan renminbi Reporting by Adam Jourdan; Editing by Paul Tait

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