Chinese trio gets nod for ChiNext IPO

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By Addison Gong
14 Jul 2020

The Shenzhen Stock Exchange (SZSE) has waved through the first three IPOs on the ChiNext board under the new registration-based system, just one month after the reform was implemented.

Beijing FengShangShiJi Culture Media Co, Contec Medical Systems Co and LD Intelligent Technology Co got approvals for their IPOs by the bourse’s listing committee on Monday. Qingdao Tianneng Heavy Industries Co’s Rmb700m convertible bond issuance was also given the go-ahead.

These are the first approvals from the SZSE ...

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