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China's New Tech Board Faces Uncertainties: UBS's Fang

Jul.21 -- Thomas Fang, head of China equities at UBS Group AG, talks about China’s new stock venue designed for technology startups that will start trading on Monday. Modeled after the Nasdaq, the so-called STAR board is China’s latest attempt to avoid losing the next tech giants to exchanges in New York or Hong Kong. Fang speaks on "Bloomberg Daybreak: Asia."