Samuel Shen

Why Shanghai’s new Nasdaq-style tech board may be a game-changer

Why is Shanghai doing this? China has long wanted its home-grown tech champions to list closer to home.

China unveils draft regulations for Nasdaq-style startup board in Shanghai

The so-called technology innovation board will mainly host companies in technology and emerging sectors, such as high-tech equipment manufacturing, new energy, biotechnology, big data and cloud computing.

Startups hopeful as China readies Nasdaq-style tech board

For Beijing, the move is seen helping to counter U.S. curbs on its technology companies and may draw the next generation of hi-tech firms to list at home.

Huatai Securities gets Chinese regulatory approval for London listing

This potentially marks the start of a planned Shanghai-London Stock Connect scheme.

Shanghai stock exchange seeks opinion on launch of China tech board

Around 20 Chinese firms hope to list on the planned technology board, with the first coming as soon as the first quarter of 2019.

Chinese regulator CSRC to speed up M&A approvals, boost PE play in listed firms

China’s securities regulator unveiled a series of measures to aid the country’s struggling stock market.

Chinese ‘unicorn’ funds target to gather $47b to fund mainland listings of homegrown tech giants

Xiaomi is only weeks away from becoming the first overseas-domiciled company to sell shares in China, while other firms planning China listings include U.S.-listed Alibaba, and Baidu Inc.

New China funds to leverage domestic flotations of overseas-listed tech giants

Firms planning such issuance include Xiaomi, U.S.-listed Alibaba Group Holding Ltd and

China’s Central Huijin to sell stake worth $797m in CICC

The stake has been put up for sale via the Beijing Financial Assets Exchange.

Hong Kong’s hopes for a tech IPO party gatecrashed by rival China

Beijing is also targeting the likes of Baidu, Alibaba Group, and by allowing them to list at home via secondary listings.