Wed, 27 Oct 2021

China approves one new IPO application

10 Oct 2021, 12:30 GMT+10

BEIJING, Oct. 10 (Xinhua) -- China's top securities regulator has approved the initial public offering (IPO) application of a Sichuan-based company.

Sichuan Zigong Conveying Machine Group Co., Ltd will be listed on the A-share market, the China Securities Regulatory Commission said in a statement.

It did not specify the total amount of funds to be raised.

The company and its underwriter will confirm the IPO date and publish its prospectus following discussions with the stock exchange.

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