Shanghai approves IPO applications by nine pioneers on Nasdaq-style tech board

//Shanghai approves IPO applications by nine pioneers on Nasdaq-style tech board

Shanghai approves IPO applications by nine pioneers on Nasdaq-style tech board

Shanghai’s upcoming Technology Innovation Board on Friday green lit the initial public offering applications of nine technology companies. The board, ordered by Chinese President Xi Jinping in November, began accepting listing documents on Monday and allowed the firms to proceed with their application process after a five-day review process. The board, a Nasdaq-style market, also started a countdown to its trading debut, with regulators expecting to launch it in mid-2019. The companies given…

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By | 2019-03-22T12:45:57+00:00 March 22nd, 2019|Business|Comments Off on Shanghai approves IPO applications by nine pioneers on Nasdaq-style tech board