New IPO gets nod from regulator
Source: Xinhua |
July 17, 2009, Friday
|
Print Edition
Print Edition
THE China Securities Regulatory Commission approved a new initial public offering on Wednesday, the first such approval since last September.
The CSRC reviewed the applications for Shanghai Chaori Solar Energy Science and Technology Co and Anhui Xinlong Electrical Co on Wednesday. Anhui Xinlong was approved and Shanghai Chaori was denied, said a CSRC statement on its Website without giving reasons for the decisions.
Anhui Xinlong, an electric equipment manufacturer located in east China's Anhui Province, plans to issue around 28 million shares and raise 165 million yuan (US$24.26 billion).
China resumed its A-share IPO in June after a nine-month suspension. Guilin Sanjin and Zhejiang Wanma became the first batch of enterprises to be listed.
Three more companies are preparing for their first show on the A-share market.
As the CSRC suspended IPO approvals for more than nine months, about 400 enterprises are waiting to go public. It will take at least two years for the A-share market to list those companies.
The CSRC reviewed the applications for Shanghai Chaori Solar Energy Science and Technology Co and Anhui Xinlong Electrical Co on Wednesday. Anhui Xinlong was approved and Shanghai Chaori was denied, said a CSRC statement on its Website without giving reasons for the decisions.
Anhui Xinlong, an electric equipment manufacturer located in east China's Anhui Province, plans to issue around 28 million shares and raise 165 million yuan (US$24.26 billion).
China resumed its A-share IPO in June after a nine-month suspension. Guilin Sanjin and Zhejiang Wanma became the first batch of enterprises to be listed.
Three more companies are preparing for their first show on the A-share market.
As the CSRC suspended IPO approvals for more than nine months, about 400 enterprises are waiting to go public. It will take at least two years for the A-share market to list those companies.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔＄粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
