Group 1 - The core viewpoint of the articles highlights the acceleration of hard technology companies' IPOs in China, exemplified by the upcoming IPO of Muxi Co., which follows the successful listing of Moore Threads [1][2] - The "1+6" policy from the Sci-Tech Innovation Board has significantly increased the inclusivity for hard technology companies to go public, supported by a series of systemic policy measures from multiple government departments [1][2] - New IPOs in the hard technology sector have shown remarkable performance, with an average first-day return rate of 253% this year, indicating strong market recognition and a lack of initial price drops [1][2] Group 2 - The positive performance of technology stocks post-IPO has led to increased interest and investment from venture capital and private equity in hard technology companies, improving the financing ecosystem for these firms [2] - The listing of new technology stocks has created valuation discrepancies between newly listed and existing technology stocks, potentially leading to a revaluation of established companies in the sector [2] - The capital raised through IPOs enhances the research and development capabilities of new technology stocks, which may lead to explosive growth in their performance and provide new profit opportunities for their supply chain companies [2]
【西街观察】乐见更多科技股上市
Bei Jing Shang Bao·2025-12-01 13:04