Shenzhen Targets 5,000 "Specialized and Innovative" Enterprises on Qianhai Equity Exchange by 2030

GateNews

According to Shenzhen's 15th Five-Year Plan released today, the city will support the Shenzhen Stock Exchange in building a world-class exchange and deepening innovation board reforms.

The plan also targets Qianhai Equity Exchange to develop as a high-level pre-IPO incubation base, with the number of enterprises on its specialized and innovative board reaching 5,000 by 2030. Additionally, measures include establishing green-channel mechanisms for tech innovation bond financing and promoting collaboration between futures and spot markets.

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