News Snapshot:
China’s securities regulator has approved the initial public offerings (IPOs) of four companies on the science and technology innovation board. Suzhou Mingzhi Technology, Shanghai Electric Wind Power Group, Shenzhen Xinyichang Technology, and Shenzhen Xunjiexing Technology will be listed on the Shanghai Stock Exchange’s sci-tech innovation board, commonly known as the STAR market, according to the China Securities Regulatory Commission, Xinhua news agency reported on Sunday. The companies and their underwriters will confirm the IPO dates and publish prospectuses following discussions with the stock exchange. The STAR market, inaugurated in June 2019 and designed to support companies in the high-tech and...
