The overall approval rate for A-share IPOs has exceeded 90% so far this year

Based on the year’s data, according to exchange statistics from First Financial, from the beginning of the year to now, the three major exchanges have held a total of 30 listing review meetings, including 16 at the Beijing Stock Exchange, 6 at the Shanghai Stock Exchange, and 8 at the Shenzhen Stock Exchange. A total of 24 companies have been reviewed for initial public offerings, with only 2 companies temporarily deferred, and the rest approved, resulting in an approval rate of over 90%. (First Financial)

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