Chongqing Baiya may raise as much as $19.6m in market listing

Chongqing Baiya Sanitary Products Co Ltd, one of China's biggest sanitary pad makers, plans to list on the Shanghai Stock

Exchange, according to documents filed with the China Securities Regulatory Commission.

Founded in 2010, the Chongqing-based firm would become the first publicly listed maker of such products in China if the plan was approved.