Chinese regulators have given the green light to 11 companies to pursue new listings in what will be the first fresh share sales to domestic investors for more than a year.
Shaanxi Coal and Chemical Industry Group is the largest potential initial public offering of the bunch and could look to raise almost $3bn, which would be the biggest Chinese share sale since Agricultural Bank of China in 2011.
The China Securities Regulatory Commission gave the nod to six companies yesterday, said state media, which followed approval for five others on Tuesday.
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