ChiNext is a NASDAQ-style subsidiary of the Shenzhen Stock Exchange. The first batch of firms started trading on ChiNext on October 30, 2009. As of June 2015, there were 464 firms listed on ChiNext. ChiNext aims to attract innovative and fast-growing enterprises, especially high-tech firms. Its listing standards are less stringent than those of the Main and SME Boards of the Shenzhen St… Webstrategic placement of 2-5% share issuance Strategic placements for sponsors: Required to take part in strategic placement of 2-5% share issuance Green shoe option: Allowed for ≥400 mn issued shares Lock-up period for strategic placement: Minimum of one year Accessibility: 1. Domestic Retail Investors (no specific financial requirements) 2. …
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