China approves merging Shenzhen bourse’s main, SME boards

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(Xin Hua Net)

China’s securities regulator on Friday approved merging the Shenzhen Stock Exchange’s main board with the SME (small and medium-sized enterprises) board.

The merger will follow the general principles of unifying business rules and unifying operation supervision modes, with issuance and listing conditions, investor thresholds, trading mechanisms, and stock codes and abbreviations remaining unchanged, said Pi Liuyi, an official with the China Securities Regulatory Commission.

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