A stock board inside the Shenzhen Stock Exchange displays prices. Photo: Reuters A stock board inside the Shenzhen Stock Exchange displays prices. Photo: Reuters
A stock board inside the Shenzhen Stock Exchange displays prices. Photo: Reuters

ChiNext IPO debutant soars nearly 3,000 per cent on revamped tech board, but analysts fear speculative trading could hurt reforms

  • Medical equipment maker Contec Medical Systems surged by 2,932 per cent on the first day of trading, with other 17 debutants all soaring, after the CSRC scrapped the daily cap on ChiNext IPOs
  • Falling stock prices should be seen as a sign of healthy reform, according to Bocom International

Topic |   Stocks
A stock board inside the Shenzhen Stock Exchange displays prices. Photo: Reuters A stock board inside the Shenzhen Stock Exchange displays prices. Photo: Reuters
A stock board inside the Shenzhen Stock Exchange displays prices. Photo: Reuters
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