Beijing Stock Exchange IPOs from "specialised and sophisticated" tech SMEs will rise by at least 50% over the next 18 months.
China's new five-year plan on SME development explicitly deepens the "specialised and sophisticated" board on regional equity markets, backs a listing-cultivation database and channels a second phase of the National SME Development Fund toward pre-IPO hard-tech firms. With state financing and administrative machinery now aimed squarely at pushing this specific cohort toward public markets, expect a visible acceleration in listings at Beijing's niche-tech-facing exchange well before the plan's 2030 horizon.
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