PE-backed firms win approval for China listings
Five Chinese companies – at least two of which have private equity or venture capital backers – have won approval to list on mainland stock exchanges as the year-long IPO lockdown comes to a close.
Neway Valve, the country's largest exporter of industrial valves, will list on the main board of the Shanghai Stock Exchange. According to AVCJ Research, investors including Suzhou International Development...
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