Hopes rise for unicorn listings

SMEs in innovation sector may shine, but growth stocks retain allure for investors

Starting later this year, China's A-share market is expected to see listings of science and technology unicorns, or startups with a valuation of $1 billion or more each.

Around the same time, the Chi-Next, China's Nasdaq-style board for tech stocks on the Shenzhen Stock Exchange, is also expected to rebound, having been in a downturn over the last three years.