By Reuters Staff
2 Min Read
SHANGHAI, April 16 (Reuters) - China’s securities watchdog said on Friday it would tighten scrutiny of listings on Shanghai’s technology-focused STAR Market to ensure tech is their main business.
There have been problems for some applicants and firms under IPO reviews, including a lack of core technology, insufficient scientific and technological innovation capability and low degree of market recognition, China Securities Regulatory Commission (CSRC) said in a press conference on Friday.
Companies engaging in real estate and companies mainly engaging in financial investment business will be barred from listing on the STAR Market, CSRC said.
關於警惕不法分子假冒國盛證券進行非法證券活動的重要公告
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China to tighten scrutiny of listings on Shanghai s tech-focused STAR market
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