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.
[…] listed abroad such as Alibaba and Xiaomi home to the domestic market have been unsuccessful. A report co-authored by CICC states that the board is expected to attract a larger number of overseas […]
[…] listed abroad such as Alibaba and Xiaomi home to the domestic market have been unsuccessful. A report co-authored by CICC states that the board is expected to attract a larger number of overseas […]