Chinese tech firm’s 890 per cent debut on Nasdaq underlines appetite for IPOs amid China’s efforts to defuse audit, delisting tensions

• Ostin Technology, a maker of display modules, gained 892 per cent to US$39.66 on Nasdaq, raising US$13.5 million
• Despite the auspicious debut and positive signs in the discussions between the US and China, companies will remain cautious about listings in the US, an analyst said