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China approved first listings on new high-tech board

China approved applications of three companies to be listing on the new Nasdaq-style high-tech board in Shanghai, one step closer to the debut of the Nasdaq-style board.

The Shanghai Stock Exchange, the operator of the new board, granted approvals to listing applications of Shenzhen Chipscreen Biosciences Co., Suzhou TZTEK Technology Co. and Anji Microelectronics Technology (Shanghai) Co., according to a statement by the exchange on Wednesday.

After receiving the final approval document signed by the Shanghai Stock Exchange, the three companies will need to file applications to register with the China Securities Regulatory Commission (CSRC), the country . . .

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