China Securities Regulatory Commission and Haiqi Group Jihong Group

Bank of Jiangsu: Of the companies, two will be listed on the Shanghai Stock Exchange, two on Shenzhen small and medium enterprise board, and the rest on the NASDAQ-style Chi Next, according to Xinhua China. The companies include Bank of Jiangsu, Haiqi Group and Jihong Group. The total capital raised by the seven is expected to be no more than 8.8 billion yuan , said China Securities Regulatory Commission in a statement. Since this year, CSRC has approved the IPO applications of 70 companies. Last year, 220 companies raised 157.8 billion yuan through IPOs, more than double the amount raised in 2014. China resumed IPOs last November after the CSRC froze them in July in an attempt to stabilize a choppy market. (news.financializer.com). As reported in the news.