China IPO Digest: Nanjing Research makes ChiNext debut; Yuejian eyes $122m

Chinese geophysical survey firm, Nanjing Research Institute of Surveying, Mapping & Geotechnical Investigation, on Friday, floated its shares on the ChiNext Market of the Shenzhen Stock Exchange (SZSE) while Yuejian Intelligent, which manufactures textile machinery equipment in China, has set sights on an 863-million-yuan ($122 million) initial public offering (IPO) on the Main Board of the Shanghai Stock Exchange (SSE).