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China Adds Fourth Set of Listing Standards for ChiNext Board

BEIJING, April 10 (Reuters) - China's securities regulator on Friday added a ​fourth set of listing ‌standards for ChiNext, Shenzhen's startup board for growth companies, and ​said it would support ​the listings of select firms ⁠that have not yet ​turned profitable.

The regulator laid out ​measures aimed at improving listing standards to make them more inclusive ​and attractive, and improving ​financial support for innovative startups in emerging ‌and ⁠future industries, according to guidelines released by China Securities Regulatory Commission (CSRC) on deepening ​reform of ​ChiNext ⁠board.

Wu Qing, CSRC head, had said last month ​the board would adopt ​more ⁠precise and inclusive listing standards to support quality innovative ⁠companies ​seeking to ​go public.

Reporting by Xiuhao Chen and Ryan ​Woo; Editing by Toby Chopra

Source: Reuters


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