On July 25, the Shenzhen Stock Exchange, CSDC, and China Securities Finance conducted technical test of supporting systems of ChiNext reform and pilot registration system, including online issuance system. From July 27 on, the new technology system has been up-and-running which fully supports market participants’ needs regarding the online offering, transaction settlement, securities margin trading and the like for the ChiNext stocks and depository receipts under the registration-based IPO system.
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