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Energy Insider: China’s Green Energy Capacity to Exceed Coal for First Time
Electric car on display at an industry event in Shanghai in April 2019.
In today’s Caixin energy news wrap: Chinese electric vehicle maker Li Auto clears a Hong Kong listing hearing; Shandong Xuguo obtains first carbon emission quota-backed loan; crude steel output reductions to cap price rises for steel scrap; China may include traditional industries and transport sector in national carbon market; and China to issue timetable and road map for carbon neutrality.
China’s green energy capacity to outstrip coal for the first time by year-end
China Telecom approved for a secondary listing in Shanghai developingtelecoms.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from developingtelecoms.com Daily Mail and Mail on Sunday newspapers.
China greenlights two sci-tech innovation IPOs
July 26, 2021
China’s securities regulator has approved the initial public offerings (IPOs) of two companies on the science and technology innovation board. Kunshan GuoLi Electronic Technology Co, Ltd and Wayz Intelligent Manufacturing Technology Co, Ltd 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. The companies and their underwriters will confirm the dates of the IPO 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 strategic emerging sectors, has eased its listing criteria but adopted higher requirements for information disclosure.