Nearly 700 companies are waiting for IPO approvals on the main exchanges, according to the latest estimates. Photo: Xinhua
Xie Yu
Opinion

Opinion

Across The Border by Xie Yu

China’s new third board booming, but IPO queue for the main market still backed up

Small companies thirsty for cash are flocking to list on the lightly controlled SME market, but turnover still remains worryingly low

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Nearly 700 companies are waiting for IPO approvals on the main exchanges, according to the latest estimates. Photo: Xinhua
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