Venture(US:VEMLY) Zhong Guo Zheng Quan Bao·2025-11-06 20:12Core Insights - The Shenzhen Stock Exchange (SZSE) is committed to supporting the high-quality development of Shenzhen's economy and enhancing its role in the Guangdong-Hong Kong-Macao Greater Bay Area [2][3] Group 1: Market Development - The A-share market is experiencing a positive momentum with a solid foundation for stability and rare opportunities for progress [1] - The SZSE aims to leverage its platform to support both innovative and traditional industries in Shenzhen [2] Group 2: Support for Innovation and Technology - The SZSE will enhance its services to support high-quality development in venture capital and technology sectors, including the establishment of a comprehensive service platform for technology market and capital market integration [2][4] - A focus will be placed on creating a rapid evaluation mechanism for technology achievements to facilitate their transformation [2] Group 3: Capital Market Reforms - The SZSE will intensify efforts to support the listing of high-quality innovative enterprises and facilitate the return of companies listed in Hong Kong to the Shenzhen market [3] - There will be increased support for refinancing of technology enterprises and guidance for listed companies to invest in areas aligned with national economic strategies [3] Group 4: Financing Channels - The SZSE plans to enhance the functionality of the bond market and intellectual property trading center to support the issuance of technology innovation bonds and the securitization of intellectual property [4] - Strengthening collaboration with venture capital institutions is a priority to create a capital market ecosystem that aligns with new productivity development [4]