China Securities Regulatory Commission (CSRC) released another batch of IPO approval recently, 10 companies are eligible for IPO, and one of them is Qingdao Liqun Retail Group, which is the leading retailing company in Qingdao. It plans to go IPO in the main board of Shanghai Stocks Exchanges. Liqun thus will become the 27th company of Qingdao enlisted in SSE and 48th listed company.

    After Qingdao was approved to be the 1st batch of wealth management financial reform zone, it’s listed company number and direct financing amount increased sharply, financial organizations and wealth management amount both increased, Qingdao capital market witnessed significant growth in supply-side reform. Qingdao Section shows strong performance in A-listed market. (Fu Jun)