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ChiNext, formerly known as Growth Enterprise Market (GEM), is a board listed under the Shenzhen Stock Exchange launched in 2009 to target start-up companies. The board has subsequently become referred to as ChiNext so as not to be confused with another board named GEM on the Hong Kong Stock Exchange. ChiNext is one of two boards in China, alongside the STAR Market, to have a registration-based system for IPOs.
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