Caixin
Caixin Global – Latest China News & Headlines

Home >

ABOUT US

CX Live is Caixin Global's real-time news portal, featuring 24-hour breaking news, short-form analysis, and roundups from business and social media in China.

TRENDING
China’s State Asset Overseer Appoints New Director
Ex-Moutai Chairman Ousted From Communist Party as Corruption Charges Loom
Two ‘Big 4’ Banks Expected to Open Wealth Management Units in June
LATEST
Baidu Continues Shaking Up Its Management Board
Xiaomi Fires Vice President for ‘Obscene’ Behavior
Update: Chinese EV Startup Digs Into Real Estate
Chinese DNA Sequencing Firm BGI Faces Legal Battle with Illumina
U.S. Companies and Consumers Pay for China Tariff Costs, IMF Says
Weibo Shares Slump After Q1 Revenue Growth Slows
Anxin Trust Questioned for Plunging Profits and Accounting Errors
Meituan Sees Strong Revenue Growth, Despite Drag From Mobike
DHL, Panasonic Deny Severing Huawei Ties
China Renewables Industry Comes of Age With Ambitious Subsidy-Free Projects
China Readies 600 Kph Maglev Prototype
Mercedes-Benz Makes it Easier to Trade in Defective New Cars in Wake of PR Nightmare
Shanghai Man Sentenced to Death for Child Murder
How to Find Illegal Lenders? Watch Who’s Taking Cases to the Courts
Pull the Brakes on New Gas Car Sales by 2030, Think Tank Tells Beijing
Hong Kong-Listed China Telecom Gets New Chief
Tencent Leads $250 Million Round in Chinese Travel Site Mafengwo
Cabinet Vows to Promote Debt-for-Equity Swaps to Relieve Debt
More Bidders Join the Race for $5.79 Billion Gree Stake
Regulators Halt High-Interest ‘Smart Deposits’: Sources
High-Tech Board to Vet Listings Based on Innovation Capabilities

By Zhang Yu and Timmy Shen / Mar 28, 2019 04:13 PM / Finance

Photo: IC

Photo: IC

China’s new high-tech board says it will focus on companies’ technological innovation capabilities when reviewing listing applications.

The Shanghai Stock Exchange (SSE), which hosts the so-called Science and Technology Innovation Board, revealed on Friday the first group of companies that have filed listing applications. As of Wednesday, the stock exchange has accepted applications from 17 companies and is now vetting them.

The SSE will review the listings based on their science and technology relevance, their financial situation and whether they meet the listing criteria for the high-tech board, the exchange said in a statement released Wednesday.

The exchange must decide whether to approve a listing within three months of agreeing to vet an application, excluding the time it takes for applicants and their listing service providers to answer queries from the bourse, according to the regulations governing the board.

Related: New Tech Board Receives First Applications

Share this article
Open WeChat and scan the QR code
Copyright © 2017 Caixin Global Limited. All Rights Reserved.