Tight liquidity, regulations to hit Shenzhen SME board

Next six months may well see even ChiNext weakening a bit

The overall performance of the Shenzhen small-and-medium enterprise board and the Nasdaq-style ChiNext board will be weaker in the first half of 2017 in the face of tightening liquidity and stricter regulation, experts said.

Hong Hao, chief strategist at BOCOM International Holdings Co, said he remained prudent about the performance of Shenzhen SME board and the ChiNext board in the first six months.