Swiss agricultural giant Syngenta Group is moving its $10 billion initial public offering to the main board of the Shanghai Stock Exchange and dropping a plan to go public on the Nasdaq-like STAR Market, the company said Thursday. The unit of Chinese state-owned ChemChina said it made the decision after China fully rolled out its registration-based share issuance system across all boards in February. Syngenta Group will be a better fit on the main board, making the stock available to more diversified investors, Syngenta said.

https://www.caixinglobal.com/2023-05-19/syngenta-moves-10-billion-ipo-to-main-board-in-shanghai-102056972.html

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