Shenzhen is expected to pilot red chip stocks for secondary listing. Relevant listing rules are being formulated.

On June 15, the Shenzhen CPPCC published an article by He Jie, the chairman of the Shenzhen Municipal Committee of the CPPCC, discussing the new mission of Shenzhen's comprehensive reform. He Jie stated that it is reported that relevant departments in Shenzhen are drafting related listing rules, and it is expected to pilot the secondary listing of red chip stocks, providing a more convenient and efficient listing channel for technological innovation enterprises. He Jie said that the blueprint for "Comprehensive Reform 2.0" has been drawn up, and the key is to focus on implementation. Many reforms are still in the stage of framework and direction, and need to be combined with practical needs, especially achieving an organic combination of "top-level design and local innovation."