ChiNext reform a step forward but valuation, quality concerns rise
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ChiNext reform a step forward but valuation, quality concerns rise

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China said this week that it will radically overhaul the ChiNext board, approving a registration-based system for equity fundraising on the Shenzhen Stock Exchange’s start-up focused bourse. This is an important step by the regulator to shift to more market-driven capital markets ─ but plenty of concerns remain. Addison Gong reports.

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