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Over 100 companies have voluntarily withdrawn applications to list on STAR Market and ChiNext since Ant's termination of its IPO in November.

5 Min Read SHANGHAI/HONG KONG (Reuters) - A growing number of Chinese tech start-ups are cancelling plans to list on Nasdaq-style markets at home with some eyeing Hong Kong share sales instead, as regulators tighten scrutiny of IPO applicants after the halting of Ant Group’s $37 billion float. FILE PHOTO: A sign for STAR Market, China's new Nasdaq-style tech board, is seen after the listing ceremony of the first batch of companies at Shanghai Stock Exchange (SSE) in Shanghai, China July 22, 2019. REUTERS/Stringer Over 100 companies have voluntarily withdrawn applications to list on Shan...

Chinese tech start-ups pull IPO plans as Beijing tightens scrutiny Toggle share menu Advertisement Chinese tech start-ups pull IPO plans as Beijing tightens scrutiny Investors rest on a chair in front of screens showing stock market movements at a securities company in Beijing on Aug 26, 2019. (Photo: AFP/Wang Zhao) 12 Apr 2021 09:22AM (Updated: 12 Apr 2021 09:30AM) Share this content Bookmark HONG KONG: A growing number of Chinese tech start-ups are cancelling plans to list on Nasdaq-style markets at home with some eyeing Hong Kong share sales instead, ...