In today’s briefing:
- Overview #19 – Don’t Buy the D@nm Dip!
- China May Restart Allowing Unprofitable Tech Firms to List, Sources Say
Overview #19 – Don’t Buy the D@nm Dip!
- A review of recent events/data impacting our investment themes or outlook
- More evidence emerging of a regime change in global markets
- What is different this time around from previous bear markets
China May Restart Allowing Unprofitable Tech Firms to List, Sources Say
- China is likely to restart allowing unprofitable tech companies to list on Shanghai’s STAR Market, sources with knowledge of the matter said, showing intensified financing support for technology innovations.
- The Shanghai Stock Exchange has recently told several intermediary institutions that it particularly supports the listing of high-tech firms, multiple sources from investment banks and private equity firms told Caixin.
- It’s clear that regulators are paving the way for reopening the IPO channel to money-losing tech companies, they said.
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