Caixin
Feb 10, 2019 12:14 AM
FINANCE

In-Depth: China’s New Proving Ground for Stock Market Reform

Draft rules for China’s new high-tech board include changes designed to push forward market-oriented reforms in the stock market. Photo: VCG
Draft rules for China’s new high-tech board include changes designed to push forward market-oriented reforms in the stock market. Photo: VCG

China’s coming Nasdaq-style high-tech trading board may provide the kick-start that stagnating stock market reforms need, according to securities industry executives and analysts.

Draft rules issued Jan. 30 suggest that the government aims to use the new board as fresh start for revitalizing the nation’s capital markets. The proposed structure would reduce the role of regulators and free up the market for competition, innovation and normal market forces to take hold, industry experts say.

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