China to establish new high-tech trading platform in Shanghai

The system is intended to ease equity-raising for small tech companies. The Shanghai stock exchange plans to launch a new trading platform to ease equity-raising for small tech companies, President Xi Jinping said on Monday. The new “technology innovation board” will also test out a new, deregulated mechanism for initial public offerings, Mr Xi said. The so-called “re … https://on.ft.com/2PeT0Sk

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