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Top stories of the day -- China Stock Market -- Nov. 26

BEIJING
2015-11-26 11:13

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1. The China Securities Regulatory Commission (CSRC) announced on Wednesday that it had reviewed and given pass to two new IPO applications. The two companies are Huayu Mining and Langdi Group. Meanwhile, the regulator rejected an IPO application made by Zhejiang Tianda Environmental Protection Co. Ltd.

2. China's listed filmmaking companies are betting on upcoming new-year celebrating movie theater schedule by arranging multiple new-year blockbusters on screens from November 27, 2015 to February 8, 2016, China Securities Journal reported on Thursday. A total of 69 films are scheduled to be put on screens during the new-year period, which is estimated to range up some takings of ten billion yuan as seen in the previous year, the daily quoted an insider as saying. The pending new-year movie theater schedule is expected to help fatten profits of listed filmmakers, including Zhejiang Huace Film & TV Co., Ltd. (300133.SZ), Huayi Brothers Media Corporation (300027.SZ), Beijing Enlight Media Co., Ltd. (300251.SZ), Shanghai New Culture Media Group Co., Ltd. (300336.SZ) and Beijing Jingxi Culture & Tourism Co., Ltd. (000802.SZ).

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