Core Viewpoint - The article emphasizes the significant achievements and ongoing evolution of the Sci-Tech Innovation Board (STAR Market) in China over the past six years, highlighting its role as a key driver for technological innovation and economic development in the country [1]. Group 1: Achievements of the Sci-Tech Innovation Board - As of June 2025, the STAR Market has successfully gathered over 580 high-quality technology companies, with a cumulative IPO financing scale exceeding 900 billion yuan, making it a crucial engine for the development of new productive forces in China [3][9][15]. - The STAR Market has become a primary platform for nurturing new productive forces, with over 80% of listed companies in emerging industries such as new-generation information technology, biomedicine, and high-end equipment manufacturing [5][9]. - The introduction of the STAR Market has led to significant capital market reforms, with the total market value of listed companies surpassing 8 trillion yuan and cumulative fundraising exceeding 1 trillion yuan [9][19]. Group 2: Institutional Innovations and Future Outlook - The STAR Market has implemented various institutional innovations, including the establishment of a growth tier to support unprofitable technology companies, enhancing the market's inclusivity and adaptability [12][24]. - The introduction of the "1+6" policy measures aims to further improve the STAR Market's support for technology innovation, optimizing the review mechanism and enhancing investor protection [10][24]. - Looking ahead, the STAR Market is expected to attract more international long-term capital and continue to play a pivotal role in the integration of technology, industry, and finance, contributing to high-quality economic development in China [10][11][19].
科创板六周年!十大券商“掌门人”寄语!
中国基金报·2025-07-22 02:39