CHINA China greenlights four sci-tech innovation IPOs

CHINA

China greenlights four sci-tech innovation IPOs

Xinhua

15:04, May 05, 2021

File photo: CFP

BEIJING, May 5 (Xinhua) -- China's securities regulator has approved the initial public offerings (IPOs) of four companies on the science and technology innovation board.

Chengdu Shengnuo Biotec Co., Ltd., Shandong Kehui Power Automation Co., Ltd., Shanghai Haoyuan Chemexpress Co., Ltd., and Guangdong Greenway Technology Co., Ltd. will be listed on the Shanghai Stock Exchange's sci-tech innovation board, commonly known as the STAR market, according to the China Securities Regulatory Commission.

The companies and their underwriters will confirm the IPO dates and publish prospectuses following discussions with the stock exchange.

The STAR market, inaugurated in June 2019 and designed to support companies in the high-tech and strategic emerging sectors, has eased listing criteria but adopted higher requirements for information disclosure.

Terms of Service & Privacy Policy

We have updated our privacy policy to comply with the latest laws and regulations. The updated policy explains the mechanism of how we collect and treat your personal data. You can learn more about the rights you have by reading our terms of service. Please read them carefully. By clicking AGREE, you indicate that you have read and agreed to our privacy policies

Agree and continue