China approves two IPO applications

BEIJING, Sept. 10 (Xinhua) -- China's securities regulator has approved the initial public offering (IPO) applications of two companies.

Shenzhen Best of Best Holdings Co., Ltd. and Suzhou K-Hiragawa Electronic Technology Co., Ltd. will be listed on the A-share market, the China Securities Regulatory Commission said in a statement.

The two companies should strictly follow their prospectuses, as well as their issuance and underwriting plans while issuing stocks, the regulator added.