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STAR Market revision aims to boost quality of listed firms

STAR Market revision aims to boost quality of listed firms 1 2021-04-16 19:19:20Xinhua Editor : Zhang Dongfang ECNS App Download An attendee takes a snapshot at the launch ceremony of the STAR Market in Shanghai. (Photo by Wu Jun/For China Daily) China Securities Regulatory Commission announced on Friday the revision of the evaluation measures for public technology and innovation companies, aiming to increase the quality of the companies listed on the STAR Market at the Shanghai Stock Exchange. Li Weiyou, deputy head of CSRC s public offering review committee, said at a news conference on Friday that the revision requires that research staff should take up 10 percent of the headcount of a STAR Market company. A negative list mechanism will be introduced. The mechanisms for think tanks as well as soliciting opinions shall be further optimized to support supervision. While reviewing list

China policy and markets round-up: Q1 GDP growth breaks record, Beijing toughens stance on local government hidden debt, Luckin secures $250m investment deal

In this round-up, the Chinese economy rebounds at a fast pace from a year ago when the Covid-19 pandemic hit, regulators vow to manage hidden debt risks at local governments, and two existing shareholders agree to pump $250m into Luckin Coffee.

China to tighten scrutiny of STAR listings

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

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
sina.com.tw - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sina.com.tw Daily Mail and Mail on Sunday newspapers.

China to tighten scrutiny of listings on Shanghai s tech-focused STAR market

China to tighten scrutiny of listings on Shanghai s tech-focused STAR market
dealstreetasia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dealstreetasia.com Daily Mail and Mail on Sunday newspapers.

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