Regulators toughen up on ChiNext

Investors, policy makers and entrepreneurs cheered when Shenzhen's growth enterprise board, ChiNext, was introduced in 2009. There were high hopes the new exchange would mean new financing pipelines for private Chinese companies. However, a local media focus on alleged insider trading and speculation on junk stocks have dampened sentiment as well as returns for investors, leading the new leadership at the China Securities Regulatory Commission (CSRC) to draft a delisting mechanism for stocks on the board.

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Other Articles on this Issue

• Financial China

  Selected financial charts

• Macro View

  QE, Chinese style

• Rural China

  Rural boom moderates

  First Tractor – climbing the technology ladder

• The Best of Chinese Commentators

  Ministry of Health under fire over food safety, again

• Consumer China

  Domestic sportswear brands stumble

  361 Degrees – tapping hinterland dynamism

  Li Ning – flagging strategy

  Anta – keeping up with the pace

  China Dongxiang – losing traction

• Capital Intensive China

  Discounting buoys property sales in some cities

• The Big Call

  Labour wages start to ease

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