The China Securities Regulatory Commission (CSRC), the top securities regulator, had accepted 549 companies' applications for making initial public offering (IPO) on the domestic stock market by May 28, according to statistics released on the CSRC's website on Friday.
Among the 549 companies, 29 companies' IPO applications have already been approved while the rest 520 applications have not been reviewed yet. Specifically, 496 are waiting for the CSRC's review and the reviews for the other 24 applications have been terminated.
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