Some online bloggers have levelled criticism at the data presented in the listing prospectuses of companies slated to list on the Star Market for tech companies in Shanghai. Photo: EPA

Shares of Suzhou HYC, the first IPO on Shanghai’s new tech board, oversubscribed 336 times as investors join frenzy

  • Suzhou HYC Technology prices IPO at 24.26 yuan, with sponsor Huatai Securities to take up 4.11 per cent of new shares
  • Online critics say there are too many references to ‘integrated circuit’ and ‘semiconductors’ despite 98 per cent of the revenue coming from testing equipment for electronic displays
Topic |   China stock market

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Some online bloggers have levelled criticism at the data presented in the listing prospectuses of companies slated to list on the Star Market for tech companies in Shanghai. Photo: EPA
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