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June 9, 2021

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Delta base aids firms to list on STAR Market

By Li Xinran | 00:00 UTC+8 June 9, 2021 | Print Edition

To help qualified technology companies go public, the Zhangjiang-based Yangtze River Delta Capital Market Service Base has built an information management service system and is using scientific, intelligent and information-based means to cultivate listing resources and provide support for STAR Market registration.

It has established reserve, cultivation and recommendation databases. At present, there are 5,017 enterprises in the first database, 520 in the second database and 120 in the third.

As of Monday, 135 firms in the Yangtze Delta region were listed on the STAR Market, accounting for 48 percent of the country’s total, with 43 in Shanghai, 56 in Jiangsu Province, 25 in Zhejiang Province and 11 in Anhui Province.

A third of the STAR listed companies in the region got investment from equity investment members of the base.

A number of technology enterprises with listing potential have seen investment from member units.

Professional service agencies such as securities companies and law firms among the members served nearly half the seeded companies from the region to go public on STAR Market.

Metro


 

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