Day traders taking a break at a stockbrokerage in Shanghai on October 15, 2018. Contrary to global conventions, China’s stock exchanges denote declines in green, using the red colour to represent gains and advances.Photo: AFP

Shanghai to create a tech board for start-ups, unicorns to raise capital, upping the ante with Nasdaq and Hong Kong

  • President Xi Jinping made the surprise announcement during his opening speech at the China International Import Expo in Shanghai
  • Details remain scant, but the shares of Hong Kong Exchanges & Clearing Limited fell 3.2 per cent after Xi’s unexpected announcement
Topic |   Stocks

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Day traders taking a break at a stockbrokerage in Shanghai on October 15, 2018. Contrary to global conventions, China’s stock exchanges denote declines in green, using the red colour to represent gains and advances.Photo: AFP
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