The Asia Global Payment Summit. Bali, Indonesia. 10-11 October 2019

Shanghai’s Tech Innovation Board Expected to Host around 150 Listings This Year

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A report from one of China’s leading investment banks sees as many as 150 banks listing via the recently launched tech board in Shanghai

The research report from eGongsi Xun (e公司讯) and China International Capital Corporation (CICC) forecasts around 150 IPO’s on Shanghai’s new Tech Innovation Board (科创板) this year, with a rough estimate of 50 billion – 100 billion yuan in fund-raising.

The report also expects the new board to attract a larger number of overseas “Chinese Concept Stocks” (海外中概股) in future.

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