China’s Nasdaq-style tech board is tightening rules to burnish its role as a venue for ‘hard technology’ firms after more than two years of operations. Photo: Reuters
China’s Nasdaq-style tech board is tightening rules to burnish its role as a venue for ‘hard technology’ firms after more than two years of operations. Photo: Reuters
IPO

Pulled IPOs at Lenovo, Geely Auto test Shanghai Star Market’s ‘hard technology’ listing criteria

  • Lenovo is the second Hong Kong-listed ‘red chip’ company to pull its listing plan on Shanghai’s Star Market, after Geely Auto
  • New listing requirements introduced in April set minimum ratios on R&D-related spending

Topic |   IPO
China’s Nasdaq-style tech board is tightening rules to burnish its role as a venue for ‘hard technology’ firms after more than two years of operations. Photo: Reuters
China’s Nasdaq-style tech board is tightening rules to burnish its role as a venue for ‘hard technology’ firms after more than two years of operations. Photo: Reuters
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