Logo 29 Sep 2020

SZSE president backs biotech IPOs

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On Monday, Sha Yan, president of the Shenzhen Stock Exchange (SZSE), pledged to support biotech companies to go public.

Some context: In August, the SZSE’s tech-focused ChiNext board debuted the first batch of registration-based IPOs in an effort to dismantle the bureaucratic and corruption-pron...