Saturday 26 September 2009

(AFX UK Focus) 2009-09-24 01:55 China start-up board to tighten rules to curb risk (Interactive Investor)

SHANGHAI, Sept 24 (Reuters) - China's planned Nasdaq-style second board for start-up stocks will set an 80 percent limit on share price movements during the first day of trade to curb risk, the Shenzhen Stock Exchange said in a notice on its website. The first batch of 10 firms to list on the planned start-up board have attracted strong investor interest in their share offerings, allowing them ...

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