Science and Technology Innovation Board ChiNext Photovoltaic

How much is China's Science & Technology Innovation Board worth?

As of July 2020, it is valued at more than US $400 billion. On November 5, 2018, Chinese leader and CCP general secretary Xi Jinping delivered a speech, announcing that China will "launch a science and technology innovation board (‘SSE STAR Market’) and the pilot registration-based IPO system at the Shanghai Stock Exchange."

Did China approve 4 companies' IPOs on Science & Technology Innovation Board?

China's securities regulator has approved four companies' initial public offerings (IPOs) on the science and technology innovation board. [Photo/Sipa] BEIJING -- China's securities regulator has approved four companies' initial public offerings (IPOs) on the science and technology innovation board.

What makes the ChiNext board unique?

The ChiNext Board has attracted a number of high-quality enterprises featuring core technology and innovation capabilities such as Empyrean Technology and Anhui Landun Photoelectron, demonstrating obvious innovative features.

What is the ChiNext board?

A platform for high-growth quality enterprises to go public. The ChiNext Board has a total of 1,311 listed companieswhose market cap amounted tonearly CNY 12 trillion. In 2022, these companies experienced a 20% surge in revenue and a 11% rise in net profit on the year-on-year basison average, with almost 80% of them reporting profits.

What industries are on the ChiNext board?

The newly listed companies on the ChiNext Board primarily encompass five major industries: new generation information technology, high-end equipment manufacturing, new energy, new materials,and biology.

What is ChiNext IPO reform?

The registration-based IPO reform on ChiNext has made steady progress, with the market structure, scale, ecology and function reachinga new level. Creating “Three High-level Features” in Growth, Innovation, and POEs A platform for high-growth quality enterprises to go public.