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China Gives Green Light To New IPO Application

 China’s securities regulator has green-lighted the initial public offering (IPO) application of an Anhui-based company.

   Wuhu Sanlian Forging Co., Ltd. will be listed on the Shenzhen Stock Exchange, the China Securities Regulatory Commission said in a statement.

   The company should strictly follow the prospectus as well as the issuance and underwriting plan while issuing stocks, the regulator said.

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