China Regulator Approves 9 IPOs To Raise Up To 4.5 Bln Yuan

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China regulator approves 9 IPOs to raise up to 4.5 bln yuan By [/home/search.html?s=&authornamef=Reuters Reuters]
Published: 02:02 BST, 5 November 2016 | Updated: 02:02 BST, 5 November 2016
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SHANGHAI, Nov 5 (Reuters) - China's securities regulator said it has approved nine initial public offerings, which will raise up to 4.5 billion yuan ($666.33 million) in total.

The China Securities Regulatory Commission (CSRC) said in a microblog post late on Friday that three companies would be listed in Shanghai, three would list in Shenzhen and the remaining three would be floated on the growth enterprise board.

($1 = 6.7534 Chinese yuan) (Reporting by John Ruwitch; Editing by Simon Cameron-Moore)