Shanghai bourse courts new economy

Emerging "new blue chips", which focus on the new economy and boast good performance as listed companies, provide quality assets to investors, said analysts.

New blue chips are defined as listed companies with a capital of more than 10 billion yuan ($1.51 billion) or an annual profit of more than 500 million yuan, according to the Shanghai Stock Exchange.

The SSE has been making efforts to push forward the development of the "new blue chip" sector since June.