technology start-ups: But volatility will decrease in the days and weeks ahead, as investors are still cautious about possible risks in the initial trading period, according to analysts and some overseas financial institutions, according to Global Times China. The new Science and Technology Innovation Board, or the SSE STAR market, begins trading on Monday. Photo VCG The first batch of high-tech shares on China's new stock board are expected to gain significantly on the first day of trading on Monday, and some companies may double their IPO prices, market analysts said on Sunday. The board, which is dedicated to technology start-ups in China, is one of the country's boldest attempts to reform its capital markets by adopting a market-oriented registration-based IPO system. The first batch of 25 high-technology enterprises set to debut on the board range from lithium battery material makers to machine vision intelligent manufacturing companies and companies that produce rail transit operation control systems. At a time when some Chinese tech giants are caught in a crossfire amid trade tensions and fight for technological supremacy between China and the US, the new board creates a channel for Chinese tech companies to raise funds from investors.
(news.financializer.com). As
reported in the news.
Tagged under technology start-ups, days weeks topics.