Guangdong Songfa Ceramics Gets Regulatory Nod for Share Issue; Shares Up 6%
Guangdong Songfa Ceramics (SHA:603268) received the approval of China's securities regulator to proceed with its share issuance to specific targets.The approval is valid for 12 months, according to a Monday filing with the Shanghai bourse.Shares of the ceramics maker rose 6% in recent trade.