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Shanghai's STAR Market is gradually becoming the first choice for Chinese tech firms' initial public offerings, thanks to its friendly listing requirements and efficient review process, experts said on Tuesday.

Shares of home appliance companies such as Qingdao Haier Co Ltd, Gree Electric Appliances Inc of Zhuhai and Midea Group Co Ltd were popular targets of investors.

Shantui and Xugong also released similar notices recently, while Sany Heavy Industry Co, among the biggest companies by sales volume, hasn't clarified if it will follow the same path.

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Shared responsibility

Shanghai has been setting up nursing centers within communities since 2016, with the goal of bringing such services closer to where people live.

Shanghai was the first municipality to announce its local SOE reform plan in 2013. According to the State-owned Assets Supervision and Administration Commission of the Shanghai Municipal Government, the result of reforms was better than expected in 2016.

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Shanghai watchdog presents draft of safety regulation for public comment

Shanghai retail stores learn to offer unique value in an ever more digital world

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Shanghai began to adopt quarantine measures for inbound travelers on March 6. The World Health Organization declared the COVID-19 outbreak a pandemic five days later. Travelers from four countries, including hard-hit Italy and Iran, were initially subject to epidemiological checks by customs officials and 14 days' quarantine. Since March 26, all arrivals in the city have been subject to epidemiological checks and nucleic acid testing as the city launched its management efforts to prevent COVID-19 importation.

Several forums were planned during the summit, covering topics related to fields such as popular science, science education for children, research and practice of science education in kindergartens, innovative talent training and the integration of science education and information technologies.