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2021-07-24 06:10:28 GMT2021-07-24 14:10:28(Beijing Time)
BEIJING, July 24 (Xinhua) 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. Enditem
China greenlights two sci-tech innovation IPOs sanantoniopost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sanantoniopost.com Daily Mail and Mail on Sunday newspapers.
China weighs unprecedented penalty for Didi after U.S. IPO Sorry, but your browser needs Javascript to use this site. If you re not sure how to activate it, please refer to this site: https://www.enable-javascript.com/
An office of the Cyberspace Administration of China in Beijing | REUTERS
Bloomberg Jul 23, 2021
Chinese regulators are considering serious, perhaps unprecedented, penalties for Didi Global Inc. after its controversial initial public offering last month, according to people familiar with the matter.
Regulators see the ride-hailing giant’s decision to go public despite pushback from the Cyberspace Administration of China as a challenge to Beijing’s authority, the people said, asking not to be named because the matter is private. Officials from the CAC, the Ministry of Public Security, the Ministry of State Security, the Ministry of Natural Resources, along with tax, transport and antitrust regulators, began an investigation on-site at the compan
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