Shanghai Mifei Technology STAR Market IPO Review Moves to ‘Under Inquiry’

A shift to 'under inquiry' is a procedural marker, not a verdict, but it does signal that the exchange has moved from intake to active scrutiny of the filing. For a Shanghai-based applicant on the STAR Market, that stage is where disclosure gaps and business-model questions typically surface, so the duration of this phase carries more information than the status change itself. No timeline or offering details were disclosed, leaving the pace of the review as the main variable worth tracking.