证监会副主席李超：抓紧研究谋划"十五五"时期资本市场战略任务和重大举措

Core Insights - The China Securities Regulatory Commission (CSRC) is accelerating the planning for the capital market development in the next five-year period, focusing on risk prevention, strong regulation, and promoting high-quality development [1] - The CSRC aims to deepen comprehensive reforms in capital market investment and financing, enhancing the inclusiveness, adaptability, attractiveness, and competitiveness of China's capital market [1] Group 1: CSRC's Strategic Focus - The CSRC is committed to implementing a new round of capital market reform and opening up, with a focus on improving the coordination between investment and financing functions [1] - The CSRC emphasizes the importance of a robust regulatory framework to support high-quality development in the capital market [1] Group 2: Role of the Sci-Tech Innovation Board - The Sci-Tech Innovation Board (STAR Market) is increasingly demonstrating its role as a "testing ground" for reforms, leading to continuous improvements in the foundational systems of the entire market [2] - The CSRC encourages companies listed on the STAR Market to fully utilize reform policies to enhance corporate governance and improve development quality and investor returns [2] Group 3: New Listings on the STAR Market - The first three newly registered companies in the Sci-Tech Growth Layer officially listed on the STAR Market, just over four months after the CSRC announced the establishment of this layer [3] - Among the first three companies, two are high-tech firms in the biopharmaceutical sector, and one is in the semiconductor materials sector, all of which are currently unprofitable [3] - In 2023, the STAR Market has seen 11 companies listed, raising a total of 16.95 billion yuan in IPO financing, representing a 54% year-on-year increase [3]