A record number of companies have dropped plans to list on Shanghai’s tech-focused stock market, with regulators raising the bar for initial public offerings in order to pick out domestic champions that can help Beijing’s drive towards technological self-sufficiency.Public records show 126 companies have cancelled or suspended IPO applications on Shanghai’s Star Market so far in 2023, more than in the previous four years combined.
放弃在上海科创板(STAR Market)上市计划的企业数量达到了创纪录水平，监管机构提高了在这个侧重科技领域的股票市场进行首次公开发行(IPO)的门槛，以挑选出能够帮助北京方面实现技术自主的国内冠军企业。
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