One month countdown, exchange launches full-link simulation test for deepening reform of the GEM trading mechanism
The Shenzhen Stock Exchange is preparing for significant reforms to its ChiNext market trading mechanisms, with a full-system simulation test scheduled from June 8th to June 12th. This test aims to stress-check all technical systems involved in trading and settlement processes to ensure a smooth transition when the new rules, set to be implemented on July 6th, go live. Concurrently, China's National Development and Reform Commission announced increased investment in urban renewal projects for the "15th Five-Year Plan" period, allocating 97 billion yuan for central budget investments and 160 billion yuan for "dual-heavy" construction projects, a substantial increase from the previous year. AI
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