Registration-based IPOs debut accelerates China's capital market reform

A man takes photos of a big screen displaying stock prices at the listing ceremony of the first batch of registration-based initial public offerings (IPOs) of enterprises debuted on the ChiNext board at Shenzhen Stock Exchange in Shenzhen, south China's Guangdong Province, Aug. 24, 2020. The first batch of registration-based initial public offerings (IPOs) of 18 enterprises debuted on Monday on the ChiNext board, China's NASDAQ-style board of growth enterprises, marking a milestone for the country's capital market reforms. (Xinhua/Mao Siqian)