China approves of three science, technology IPOs | MENAFN.COM

Tuesday, 27 September 2022 04:11 GMT

China approves of three science, technology IPOs


(MENAFN) On the science and technology entrepreneurship panel, China's securities authority has accepted three businesses' initial public offerings (IPOs).

As China's Securities Regulatory Commission declared, Goodwill E-Health Info Co., Ltd., Shanghai Model Organisms Center Inc., and Shenzhen Pacific Union Precision Manufacturing Co., Ltd. would be placed on the Shanghai Stock Exchange's in the field of science and technology entrepreneurship panel, often referred to as the STAR market.

The STAR market, which launched in June two years ago with the goal of assisting enterprises in the strong technology and key new areas, has relaxed its registration standards while applying stricter rules for data admission.

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