Last Week on Shenzhen Stock Exchange: ChiNext Reform Push Fails to Halt Weekly Slide
China announced Friday it’s rolling out fresh listing rules for Shenzhen’s ChiNext board, aiming to attract more innovative firms. Still, even with a small bounce that day, markets in the city wrapped up the week lower. The Shenzhen Component index added 0.59%, finishing at 14,172.63 on March 6. ChiNext, which focuses on high-growth names, climbed 0.38% to 3,229.30. Both benchmarks, though, closed out the week down—off 2.2% and 2.4% from the previous Friday.