China to ease IPO rules on planned board to lure tech titans

(AFP)

China is hoping to keep the next batch of tech giants in Shanghai after losing Alibaba to Wall Street and Tencent to Hong Kong (AFP Photo/Johannes EISELE)

China will relax rules on IPOs for a planned Nasdaq-style tech board in Shanghai as it seeks to encourage start-ups to list at home after losing the likes of Alibaba and Baidu to Wall Street.… read the full article