First IPO on China’s Nasdaq-Style Tech Board Sparks a Small Frenzy

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First IPO on China’s Nasdaq-Style Tech Board Sparks a Small Frenzy
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The stock offering for HYC Technology was more than 300 times oversubscribed

Suzhou HYC Technology Co.

, a manufacturer of display and touch-testing equipment, launched the inaugural share sale on the Shanghai Stock Exchange’s new Science and Technology Innovation Board, which Chinese officials have dubbed the “STAR market.”President Trump and his Chinese counterpart, Xi Jinping, are set to meet in Japan.

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