BEIJING, Dec 30 (Reuters) - China's securities regulator has approved three initial public offerings to raise a total of up to one billion yuan ($153.70 million), the official Xinhua news agency reported on Saturday.
Two of the approved IPOs will be listed on the Shanghai Stock Exchange and one will be listed on the ChiNext at the Shenzhen Stock Exchange, said Xinhua, citing the China Securities Regulatory Commission (CSRC).
It did not identify the companies planning the offerings.($1 = 6.5063 Chinese yuan renminbi)
(Reporting by Cate Cadell; Editing by Kim Coghill)
Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.