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Pilot program likely for floats of tech firms

A pilot program is likely to be launched for the registration process of initial public offerings on the ChiNext board in Shenzhen, the Nasdaq-style board comprised of high-tech companies, Zhuang Xinyi, vice-chairman of the China Securities Regulatory Commission, said on Wednesday. Zhuang said the regulator is actively working on introducing the system gradually to the main boards in Shanghai and Shenzhen.

Solar power targets for next year hiked