Chinese firms listed abroad likely to eye Shanghai tech board

Chinese companies listed on overseas bourses may consider floats on the Shanghai Stock Exchange's upcoming science and technology innovation board, analysts said.

The pilot project in China's capital market reforms is expected to be launched in the April-June period.

"Companies with special ownership structures complying with related requirements and redchip companies will both be allowed to list ...," the China Securities Regulatory Commission, the top securities regulator, said in an announcement on Jan 30.