Exchanges consider new methods to assist rapidly growing firms

Chinese equity exchanges are exploring new and creative ways to accommodate strong funding demand from high-growth companies.

The Shanghai Stock Exchange is applying for regulatory permission to establish a strategic emerging industry board for high-growth and innovative enterprises, said Chairman Gui Minjie, a member of the CPPCC National Committee.

"The capital market has made big progress in supporting the domestic strategic emerging sector and innovative enterprises, but it needs to do more to support such a large economy," said Gui.