ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

China seeks to shield Tech Board investors from US trade war

Call for transparency as Apple supplier and others set for Nasdaq-style Shanghai exchange

SHANGHAI -- Chinese authorities are demanding extra information from technology startups looking to list on the country's new Nasdaq-style exchange, in a bid to allay investors' concerns about the potential for these young businesses to be caught up in the ongoing trade war with the U.S.

Three companies, operating in the biotech, semiconductor, and artificial intelligence industries, were this week given the green light for listing on the Shanghai Science and Technology Innovation Board, which is expected to start trading next month. Suzhou TZTEK Technology, a precision instrument maker that also supplies U.S. tech giant, Apple, Shenzhen Chipscreen Biosciences and Anji Microelectronics, are together forecast to raise a total of 2.1 billion yuan ($300 million) in their market debut.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more