The Shanghai Stock Exchange released a finalized set of regulations late last week for its new tech board, expanding upon the draft introduced on Jan. 30.

“Red-chip companies”—China-based firms incorporated and listed outside the mainland, especially in Hong Kong—with rapid growth, self-developed and cutting-edge technologies, and competitive advantages in its segment are allowed to list on the new tech board, according to the new regulations.

The rules also provide a number of other standards for firms that wish to go public on the new board, stating that companies need to meet at least one to qualify.

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Tony Xu

Tony Xu is Shanghai-based tech reporter. Connect with him via e-mail: tony.xu@technode.com

Chris Udemans

Christopher Udemans is a Shanghai-based data and graphics reporter. He covers Chinese artificial intelligence, mobility, and cybersecurity. You can contact him at chrisudemans [at] technode [dot] com.