Shenzhen bourse plans listing tweaks

Intensified competition with other stock markets leads to revamp

The Shenzhen Stock Exchange, home for the mainland's technology companies and innovative startups, will accelerate the revamping of its listing rules in hopes of retaining high-growth companies in the home market and avoiding losing in the competition for new listings of future technological giants.

The exchange said in its development plan for 2018-20 that it will reform the startup board and will improve the requirements for initial public offerings with the consideration of the profitability and share structures of high-tech and innovative companies.