Golden Summit Think Tank | Tian Lihui: Deepening ChiNext Reform to Empower New Productive Forces through Institutional Innovation

腾讯新闻 - 财经
2026.04.11 04:39
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On April 10, 2026, the China Securities Regulatory Commission issued the "Opinions on Deepening the Reform of the ChiNext to Better Serve the Development of New Productive Forces," marking a fundamental leap in the capital market system. The reform is guided by inclusiveness, adaptability, and stability, addressing bottlenecks throughout the entire cycle of listing, financing, mergers and acquisitions, trading, and regulation, and promoting the transformation of the capital market from an industrial mindset to an innovative mindset. A fourth set of listing standards has been added, replacing profitability criteria with growth and innovation criteria to ensure that high-quality innovative enterprises can go public domestically