Puda Coal Inc PUDA

IPO applications

[homestus]

The list, published on the watchdog's website late on Wednesday, included more than 500 companies, such as state-owned giant China Postal Express & Logistics Co, TPG-backed China Grand Auto and more than a dozen city commercial banks. However, it was still unclear when many of these deals would hit the market. After submitting an Ic, companies typically need to wait for about six months before obtaining the regulatory nod for a listing, but the process could be as long as two years, depending on the quality of application as well as market conditions, analysts say. Until now, it was unclear when companies had submitted their applications. Under the current system, the China Securities Regulatory Commission (CSRC) will post a copy of the draft prospectus on its website along with a date for when the IPO plan would be reviewed. Once a company has received regulatory approval, it must launch the IPO within six months. For a list of key Chinese IPOs in the pipeline see . The publishing of the list, which will be updated weekly, is seen as part of efforts by the CSRC, under its newly-appointed Chairman Guo Shuqing, to improve the country's IPO mechanism and transparency.

 

you can find the list https://www.csrc.gov.cn/pub/csrc_en/