Shanghai plans to nurture or introduce more than 200 industrial software companies, as well as about 10 listed firms, by 2023 to enlarge its industrial software market to more than CNY50 billion (USD7 ... ( read original story ...)
Nod for VIE-structured Chinese AI developer Megvii to list on Shanghai’s Star Market signals further approvals
Regulatory approval for Megvii is a sign that more such VIE-structured companies could be allowed to list on domestic exchanges in the future. ( read original story ...)
Shanghai FTZ to Set Up, Run New Type of Internet Exchange Center
The Lingang Special Area of Shanghai’s free trade zone was today approved to set up a new type of internet exchange center to lower the cost of corporate network access and boost network speed. The go ... ( read original story ...)
Concord Medical Purchases Additional Proton Therapy System for It’s Shanghai Concord Cancer Center
Concord Medical Services Holdings Limited ("Concord Medical" or the "Company") (NYSE: CCM), a healthcare provider specialized in cancer treatment, research, education, and prevention by establishing ... ( read original story ...)
Alibaba-Backed AI Unicorn Megvii Gets Go-Ahead for USD930 Million Shanghai IPO
Megvii Technology has been given the green light to proceed with an initial public offering on the Shanghai’s Nasdaq-like Star Market. The Chinese artificial intelligence unicorn plans to raise as ... ( read original story ...)
Shanghai lands among world’s top 10 asset management centres
Shanghai ranked eighth among the top 30 global asset management centres with a grade of 83.7 points, according to the 2021 Global Asset Management Center Evaluation Index, which was released by the ... ( read original story ...)
Shanghai Labway Clinical Laboratory’s IPO to debut on Shenzhen Stock Exchange
Shanghai Labway Clinical Laboratory (301060) to start trading on the Shenzhen ChiNext Market Sep 13, next Monday. The firm has issued 48.06 mln shares priced at RMB 4.17 per share raising RMB 200.42 ... ( read original story ...)