News Snapshot: China greenlights 2 IPO applications BEIJING, Aug. 15 (Xinhua) — China's securities regulator has approved the initial public offering (IPO) applications of two companies. Beijing Caishikou Department Store Co., Ltd and Zhengzhou Qianweiyangchu Food Co., Ltd will be listed on the A-share market, the China Securities Regulatory Commission said in a statement. The commission did not specify the total funds to be raised. The companies and their underwriters will confirm the dates of the IPOs and publish their prospectuses following discussions with the stock exchange. Enditem
