More Chinese tech companies are looking to list on the STAR Market in Shanghai
Posted On July 24, 2020
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Following the IPO plan by Alibaba’s fin-tech arm Ant Group on Shanghai’s Nasdaq-style STAR Market, Chinese scooter maker Ninebot, which is backed by smartphone producer MI, also received its listing approval from the Shanghai Stock Exchange. The STAR Market is a government attempt to lure homegrown tech companies into seeking capitalization locally rather than from New York.