China launches Nasdaq-style tech board in Shanghai

China announced on Thursday the formation of a Nasdaq-style tech board, the Star Market, based in Shanghai.

SHANGHAI, June 13 (Reuters) - China announced on Thursday the formation of a Nasdaq-style tech board, the Star Market, based in Shanghai.

China's top securities regulator Yi Huiman announced the new market at a financial forum in the city.

(Reporting by Li Zheng Shen and David Stanway; Editing by Simon Cameron-Moore)

((samuel.shen@thomsonreuters.com; +86 21 20830018; Reuters Messaging: samuel.shen.thomsonreuters.com@reuters.net))

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