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China's securities regulator has approved 14 initial public offerings (IPOs) which aim to raise a combined total of up to 10.1 billion yuan ($1.49 billion), it said. Seven are on the Shanghai bourse, two on the Shenzhen small and medium enterprise (SME) board, and five on the start-up ChiNext board, the China Securities Regulatory Commission (CSRC) said in a statement on its official microblog late on Friday.

Copyright Reuters, 2016

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