Retail investors clamour for China tech board funds

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Retail investors clamour for China tech board funds

China stock market random 150 x 230
Investors are seen at a stock trading hall in Shenyang, northeast China's Liaoning Province, March 30, 2016. China's stocks rallied on Wednesday, with the benchmark Shanghai Composite Index up 2.77 percent to 3,000.64 points. The smaller Shenzhen index surged 3.48 percent to end at 10,445.69 points. (Xinhua/Pan Yulong)(mcg) (Photo by Xinhua/Sipa USA) | Xinhua/SIPA USA/PA Images

The first batch of seven funds looking to invest in the new Shanghai tech board saw a total of more than Rmb100bn ($14.8bn) coming in on the first day they opened books.

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