ChiNext, Star Market, China’s rival tech boards, target Hong Kong ‘red chip’ secondary listings as competition heats up

//ChiNext, Star Market, China’s rival tech boards, target Hong Kong ‘red chip’ secondary listings as competition heats up

ChiNext, Star Market, China’s rival tech boards, target Hong Kong ‘red chip’ secondary listings as competition heats up

The battlefield on which China’s Nasdaq-styled technology boards in Shanghai and Shenzhen compete for listings has expanded beyond start-ups and billion-dollar tech unicorns.The two exchanges have been locked in a tight race as they try to win business from established Chinese companies listed in Hong Kong.Both the Science and Technology Innovation Board, also known as the Star Market, in Shanghai, and the ChiNext board in Shenzhen have in recent months introduced market-friendly reforms…

Article by [author-name] (c) South China Morning Post - Read full story here.

By | 2020-08-15T06:00:19+00:00 August 15th, 2020|Business|Comments Off on ChiNext, Star Market, China’s rival tech boards, target Hong Kong ‘red chip’ secondary listings as competition heats up