China stocks regulator approves 3 IPOs to raise about $221m

China stocks regulator approves 3 IPOs to raise about $221m

Chinese 100 yuan banknotes and a U.S. one dollar banknote are seen in this file picture illustration taken in Beijing, China, January 21, 2016. REUTERS/Jason Lee/Files

China‘s securities regulator has approved three initial public offerings (IPOs) that aim to raise a combined total of up to 1.4 billion yuan ($220.72 million), the official Xinhua news agency reported on Saturday.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter