The Shanghai Equity Exchange (SEE), operator of the city's over-the-counter equity market, said on Monday it has received regulatory approval to launch a high-tech board for innovative start-ups, and plans to list the first firms by the end of this year.
Launch of the so-called "technology innovation" board is part of China's efforts to build a multi-layered capital system, and is aimed at easing funding shortages for small and medium-sized firms in the technology and innovation sectors, the exchange said on its website.
China has been counting on innovation and consumption to revive its slowing economy.
For Free Signals and other KLSE online updates, click here OR Give A Missed Call : +60350219047 Follow Us On Twitter : www.twitter.com/epicresearchmy Like Us On Facebook : www.facebook.com/EpicResearchMalaysia Need Any Assistance Feel Free To Mail Us at : info@epicresearch.my
Launch of the so-called "technology innovation" board is part of China's efforts to build a multi-layered capital system, and is aimed at easing funding shortages for small and medium-sized firms in the technology and innovation sectors, the exchange said on its website.
China has been counting on innovation and consumption to revive its slowing economy.
No comments:
Post a Comment