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Explainer: Why Shanghai's new Nasdaq-style tech board may be a game-changer

Reuters  |  HONG KONG/SHANGHAI 

By Julia Fioretti and Samuel ShenHONG KONG/SHANGHAI (Reuters) - The detailed rules for a Nasdaq-style start-up board in Shanghai have fuelled hopes among early-stage companies the new regime could bring about positive changes in China's stance towards raising equity that investors have been seeking. Published just two months after President Xi Jinping surprised financiers by announcing plans for the board, the rules come as China and the United States are locked in a bitter trade war, with Chinese technology firms in the cross-fire.Here's what the board is expected to look like and why it ...

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First Published: Fri, February 08 2019. 13:01 IST
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