The Chinese securities regulator is rumored to consider giving special approvals to tech unicorns, a term for private tech companies worth US$1 billion or more, so that they can achieve speedy regulatory approval to list shares on domestic stock exchanges. Unicorn companies in the biotech, cloud computing and other high tech industries can submit IPO applications to the China Securities Regulatory Committee (CSRC) immediately. Their applications will be screened and considered without having to wait in the current long queue …

Chinese Regulators Rumored To Consider Special IPO Approvals For Tech Unicorns appeared first on China Money Network.