China stocks regulator approves 9 IPOs to raise $745m

China stocks regulator approves 9 IPOs to raise $745m

REUTERS/Petar Kujundzic

China’s securities regulator has said it has approved nine initial public offerings (IPOs) that aim to raise a combined total of up to 4.9 billion yuan ($745 million), the official Xinhua news agency said on Saturday.

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