BUSINESS

Regulations to clean up IPOs

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Tightened approvals for initial public offering or IPO applications will help boost market trust and improve the quality of new stocks, analysts said. In October, the China Securities Regulatory Commission constituted a new IPO application…

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China approves three IPO applications

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BEIJING, Dec. 16 (Xinhua) — The Chinese securities regulator approved three IPO applications this week, which will raise up to 3.7 billion yuan (about 560 million U.S. dollars) in the A-share market. One company will…

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