This article discusses and analyses the latest capital markets law reform in China, which involves the launch of the star market (sci-tech innovation board) at the Shanghai Stock Exchange as well as the introduction of the “registration-based” IPO regime to replace the previous...

This paper introduces and analyses China's latest reform of capital markets law in light of its recent launch of the sci-tech innovation board (star market) to facilitate the fundraising of technological and innovative businesses. It evaluates the functions and justifications for the star...