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Opinion

Shanghai tech board opens door to broad China IPO reform

STAR Market can bring change if it steers past fraud, red tape and speculation

| China

Just eight months after Chinese President Xi Jinping unexpectedly announced plans for a new share board for the freer trading of technology stocks, the Shanghai Stock Exchange's STAR Market is set to begin trading on Monday.

The STAR Market's rules mark a bold change from current practice in China but whether it will truly bring about a new era for the country's stock markets remains to be seen as the specters of fraud and speculation dog domestic companies as much as ever.

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