Strengthening support for technological innovation, A-share investment and financing shows a new outlook
Recently, Aoto Technology's IPO application was accepted by the Shanghai Stock Exchange, marking the first accepted IPO application for the Science and Technology Innovation Board this year; Yong Jie New Material and Hanshuo Technology were listed and traded on the main board of the Shanghai Stock Exchange and the ChiNext of the Shenzhen Stock Exchange, respectively; Huahui Intelligent's IPO application was accepted by the Beijing Stock Exchange... The entry of more technology innovation enterprises continuously enhances the "technological content" of China's capital market. Market participants stated that with the implementation of reform measures such as "supporting high-quality unprofitable technology companies to issue and list," "steadily restoring the applicability of the fifth set of standards for the Science and Technology Innovation Board," and "further enhancing the inclusiveness of the multi-level market system," the institutional adaptability of the capital market to technological innovation is gradually increasing, and some high-quality unprofitable technology companies are expected to welcome financing opportunities. (China Securities Journal)
