China to revamp tech-focused stock market as U.S. still dominates
From Nikkei Asia: 2024-06-20 06:15:00
China is implementing new measures to reshape its technology stock market, in a bid for self-sufficiency amidst growing gap with U.S. tech giants. The China Securities Regulatory Commission outlines eight steps to reform the Shanghai Stock Exchange’s tech-focused STAR market, focusing on hard science and technology, supporting high-quality but unprofitable companies, and cracking down on fraud.
Read more at Nikkei Asia: China to revamp tech-focused stock market as U.S. still dominates