A porotic laparoscopic surgery robot system at a press preview of the 2018 National Mass Innovation and Entrepreneurship Week in Beijing on October 8, 2018. Photo Xinhua

China scraps valuation limit to kick-start Xi Jinping’s technology board for home-grown companies to raise capital

  • An implicit valuation cap of 23 times earnings will essentially be removed, under the amended listing rules for the technology board, said two Shanghai bourse officials familiar with the rule
Topic |   IPO

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A porotic laparoscopic surgery robot system at a press preview of the 2018 National Mass Innovation and Entrepreneurship Week in Beijing on October 8, 2018. Photo Xinhua
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Lam Ka-sing

Lam Ka-sing

Lam Ka-sing is a business reporter who covers property affairs and results. He joined the Post in 2017 and has a degree in international journalism from Hong Kong Baptist University.

Xie Yu

Xie Yu

Xie Yu joined the Post in 2015. She is the chief China finance reporter, covering the economy and development of financial markets.