The Shanghai Stock Exchange started accepting IPO applications from companies seeking listing on the new tech board from March 23. Photo: Reuters
Chinese start-ups join rush to launch IPOs on Shanghai exchange’s new tech board
- 89 companies have submitted documents in the month since the bourse started accepting applications, with plans to raise a total of US$13.4 billion
- China Railway Signal & Communication’s application to raise 10.5 billion yuan is the largest so far
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IPO
The Shanghai Stock Exchange started accepting IPO applications from companies seeking listing on the new tech board from March 23. Photo: Reuters