At a press conference held by the State Council Information Office, Li Chao, the Vice Chairman of the China Securities Regulatory Commission (CSRC), shared that since 2024, technology innovation companies have constituted more than 90% of the newly listed entities. This shift has been accompanied by a remarkable surge in the market capitalization of the technology sector, which has soared by over 80%. Concurrently, the CSRC has refined its routine delisting mechanism, leading to the seamless delisting of 108 companies since the aforementioned year.
