Securities regulator targets 100 new listings in A-share market by year-end

China's securities regulator has confirmed the pace of new share listings in 2014, and about 14 to 15 companies will go public in the A-share market every month starting in June.

The China Securities Regulatory Commission released a statement on Monday night saying that it is supporting the IPO process and working to stabilize market expectations.

The statement quoted Chairman Xiao Gang as saying that about 100 companies will go public, and in principle, the number will be the same each month.