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China Daily / 2021-04 / 08 / Page008

Exchange acts to better serve real economy

China Daily | Updated: 2021-04-08 00:00

In a move to streamline its trading structure, the Shenzhen Stock Exchange merged its main board and small and medium-sized enterprises board on Tuesday.

Merging the two boards will give the bourse a main board and a start-up board-the Nasdaq-style ChiNext board-resulting in a simpler structure similar to the Shanghai Stock Exchange.

The China Securities Regulatory Commission said in statement that after the merger, "The main board and the ChiNext will each have their own focus and complement each other so as to meet the financing needs of enterprises at different stages of development."

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