China greenlights 4 ChiNext IPOs

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BEIJING 鈥 China’s securities regulator has approved the initial public offering (IPO) registrations of four companies on the country’s NASDAQ-style ChiNext board.

HHC Changzhou Corp Zhangjiagang Haiguo New Energy Equipment Manufacturing Co Ltd Rumere Co Ltd, and Hangzhou Wensli Silk Culture Co Ltd will be listed on the Shenzhen Stock Exchange’s board of growth enterprises, the ChiNext board, according to the China Securities Regulatory Commission.

The companies and their underwriters will confirm the IPO dates and publish their prospectuses following discussions with the stock exchange.