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China stocks regulator approves six IPOs to raise $499 million
June 17, 2017 / 6:13 AM / 6 months ago

China stocks regulator approves six IPOs to raise $499 million

SHANGHAI (Reuters) - China’s securities regulator has said it has approved six initial public offerings (IPOs) that aim to raise a combined total of up to 3.4 billion yuan ($499.29 million).

Three of the approved IPOs are on the Shanghai bourse, one 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 on Friday.

($1 = 6.8845 Chinese yuan)

Reporting by Ivy Lv and Engen Tham; Editing by Sam Holmes

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