China to support IPOs by 'future industry' startups, large model companies (opens original article in a new tab)

China is supporting IPOs by startups in 'future industries' and large model companies, with the Shanghai Stock Exchange publishing rules to facilitate public share sales. The move comes amid intensifying rivalry with the U.S. and as Wall Street hosts major initial public offerings from tech companies.

• China's securities regulator vowed to embrace technological revolution and industrial upgrades
• Shanghai Stock Exchange published rules to facilitate public share sales by large-model companies on the STAR Market
• China is supporting listings of startups in 'future industries' like quantum technology, nuclear fusion, and brain-computer interfaces