242家境内企业完成境外上市备案

Group 1 - The China Securities Regulatory Commission (CSRC) has reported that since the implementation of new regulations for overseas listings on March 31, 2023, 242 domestic companies have completed the filing for overseas listings by the end of April 2023 [2] - Among the 242 companies, 83 are technology enterprises, primarily in sectors such as information technology, biomedicine, new energy, and advanced manufacturing [3] - The CSRC aims to create a transparent, efficient, and predictable regulatory environment for technology companies seeking to utilize both domestic and international capital markets [3] Group 2 - The domestic capital market is becoming more accommodating for technology companies, with no mandatory profitability requirement for listing [4] - The CSRC has optimized the listing conditions for technology companies, allowing unprofitable companies and those with special voting rights to access the market [4] - As of now, nearly 2,700 companies in strategic emerging industries are listed on the Shanghai and Shenzhen stock exchanges, accounting for over 40% of the market capitalization [4] Group 3 - A new policy initiative has been introduced to support the development of long-term and patient capital, which includes measures to facilitate private equity fund acquisitions of listed companies [6] - The initiative aims to optimize the exit policies for private equity funds and promote the development of secondary market funds [6] - Encouragement for the development of secondary market funds for venture capital is expected to improve exit channels for venture investments [7]