Eager capital prompts IPO plans for more Chinese makers of brain-computer interfaces

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A handful of home-grown Chinese companies involved in brain computer interfaces (BCIs) are moving towards initial public offerings (IPOs) on onshore markets, taking advantage of the sector’s status as a new darling of private capital. The trend fits into a broad pattern of hi-tech firms flocking to list on the Shanghai Stock Exchange’s Nasdaq-style Star Market. Among the BCI hopefuls, Shanghai-based Arfysica Innovation is the latest to register for IPO coaching for a Star Market listing,...