On September 30, Transsion, known as the “king of mobile phones in Africa”, raised nearly $4 billion in an IPO on Shanghai’s Star Market.
On the morning of July 22, at the hall of the Shanghai Stock Exchange, the Science and Technology Innovation Board (STIB) that has been in preparation for 259 days was officially launched, with 25 companies beginning trading.
China officially inaugurated its highly anticipated science and technology innovation board at the Shanghai Stock Exchange (SSE) on June 13, a milestone in the country's capital market development.
On Nov. 5 2018, Chinese president Xi Jinping delivered a speech at the opening ceremony of the first China International Import Expo in Shanghai. He proclaimed that the Shanghai Stock Exchange is ready to launch the “Science and Technology Innovation Board” with a registration-based system for listed companies.
In Episode 40 of TechBuzz China, co-hosts Ying-Ying Lu and Rui Ma talk about the new “Technology Innovation Board” on the Shanghai Stock Exchange, which formally announced its first set of rules last week.
Foxconn Industrial Internet Co Ltd. (FII) made a record debut by raising 27.1 billion yuan ($4.3 billion) on Friday, and became the most valuable tech company listed on the Shanghai Stock Exchange as well as in the entire mainland China.