Caixin
Jan 31, 2019 06:55 AM
FINANCE

Regulators Spell Out Trading Rules for New High-Tech Board

Regulators revealed detailed requirements and trading rules for the planned new high-tech board. Photo: VCG
Regulators revealed detailed requirements and trading rules for the planned new high-tech board. Photo: VCG

China’s forthcoming Nasdaq-style startup board in Shanghai will welcome pre-profit startups and companies with unconventional legal and shareholding structures, rules newly released by securities regulators showed.

China Securities Regulatory Commission (CSRC) and the Shanghai Stock Exchange unveiled late Wednesday a set of draft regulations and trading rules regarding the new high-tech board, giving investors the first glimpse of how the new trading venue will work and who will be eligible to list.

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