Capital Markets

ChiNext tech board cuts through the red tape, but what are the risks?

New trading and listing guidelines further liberalise China’s capital markets - but could also invite additional volatility as well

China’s tech-focused startup board, ChiNext Index, implemented new rules in August aimed at further liberalising the country’s equity markets. Under the arrangement, companies planning to go public no longer require approval from the China Securities Regulatory Commission (CSRC).

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