China greenlights four sci-tech innovation IPOs

0 Comment(s)Print E-mail Xinhua, July 17, 2022
Adjust font size:

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

Union Semiconductor (Hefei) Co., Ltd., Zbit Semiconductor, Inc., Dioo Microcircuits Co., Ltd. Jiangsu, and Shenzhen Newway Photomask Making 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 should strictly follow the prospectus as well as the issuance and underwriting plan while issuing stocks, the regulator said.

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

Follow China.org.cn on Twitter and Facebook to join the conversation.
ChinaNews App Download
Print E-mail Bookmark and Share

Go to Forum >>0 Comment(s)

No comments.

Add your comments...

  • User Name Required
  • Your Comment
  • Enter the words you see:   
    Racist, abusive and off-topic comments may be removed by the moderator.
Send your storiesGet more from China.org.cnMobileRSSNewsletter