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High-tech board welcomes 27 listed firms
By Vera Ye |
December 29, 2015, Tuesday
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Print Edition
Print Edition
THE first group of 27 firms listed on a high-tech board launched yesterday by the Shanghai Equity Exchange, operator of the city’s over-the-counter equity market.
“The creation of the board is an important step in Shanghai’s efforts to build an international financial center,” Tu Guangshao, vice mayor of Shanghai, said at the launch ceremony.
A registration-based system was adopted for listing on the board. Startups seeking to list on the board are not required to be profitable but have to show their growth potential.
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