Shanghai exchange moves to curb speculation even before trading starts at Nasdaq-style tech board, introduces suspension rules

//Shanghai exchange moves to curb speculation even before trading starts at Nasdaq-style tech board, introduces suspension rules

Shanghai exchange moves to curb speculation even before trading starts at Nasdaq-style tech board, introduces suspension rules

The Shanghai Stock Exchange introduced rules to limit speculation on the Star Market, its new technology innovation board, on Friday.Chinese regulators are prioritising stability for the trading debut of the Nasdaq-style market, which was launched on Thursday during the annual Lujiazui Forum. It is expected to start trading within two months, the exchange’s chairman, Huang Hongyuan, said.According to the new rules, shares on the Star Market will be allowed to trade freely for the first five…

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By | 2019-06-14T13:40:53+00:00 June 14th, 2019|Business|Comments Off on Shanghai exchange moves to curb speculation even before trading starts at Nasdaq-style tech board, introduces suspension rules