吴清发声！将启动实施深化创业板改革，资本市场工作重点来了

Group 1: Core Points - The China Securities Regulatory Commission (CSRC) will implement deep reforms for the ChiNext board to enhance the inclusiveness and coverage of the multi-tiered market system [1][3] - The CSRC will introduce new listing standards tailored for emerging industries and innovative enterprises, providing more precise and inclusive financial services [3] - The ChiNext market currently has 1,389 listed companies with a total market capitalization approaching 18 trillion yuan [4] Group 2: Capital Market Developments - The first batch of new registered companies will be listed on the Sci-Tech Innovation Board (STAR Market), indicating the accelerating effects of recent reforms [5] - The STAR Market has established a new growth tier, with 32 previously unprofitable companies now included, expanding the market's capacity [5] - The total market capitalization of the STAR Market is nearing 10 trillion yuan, with notable companies like SMIC and Cambrian leading in market value [6][7] Group 3: Investor Protection Measures - The CSRC has released 23 measures aimed at strengthening the protection of small and medium investors, focusing on enhancing fairness in trading and improving service levels [11][12] - The measures include optimizing the new stock issuance pricing mechanism and increasing transparency in margin trading [12] - The CSRC emphasizes the need for robust risk monitoring and regulatory enforcement to enhance investor confidence [12] Group 4: Long-term Investment Strategies - The importance of diversified asset allocation is highlighted, with international investors increasingly recognizing the value of Chinese assets [13] - The introduction of the optimized Qualified Foreign Institutional Investor (QFII) scheme aims to provide a more transparent and efficient investment environment for foreign investors [13] - The CSRC is committed to promoting long-term investment products and risk management tools to support sustainable capital formation [13]