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The Shenzhen Stock Exchange on Monday held a global investor conference, gathering guests and investment institutes across the world in discussions on new investment opportunities in China as the country promotes the development of new quality productive forces.
The conference held in south China's tech hub was themed "New Quality Productive Forces: New Opportunities in China -- An Open and Innovative Shenzhen Market".
It drew over 400 guests and over 100 investment institutes across the world, who said the thriving growth of new quality productive forces are bringing increasingly more investment opportunities in China.
Li Ming, vice chairperson of the China Securities Regulatory Commission (CSRC), said since 2024, over 90 percent of the newly listed companies have been high-tech enterprises. In the next step, the CSRC will introduce policies and measures to deepen reforms of the STAR Market and ChiNext board, and provide institutional supports that are better aligned with and more accommodative to the growth of corporate and their innovation.
Loh Boon Chye, Chairman of World Federation of Exchanges and the Chief Executive Officer of Singapore Exchange (SGX), said the world is undergoing a technological transformation, where China has established new benchmarks while Shenzhen emerges as the vanguard of innovation. He added that currently, the Chinese economy is transitioning toward high-quality and innovation-driven development.
Sha Yan, general manager of the Shenzhen Stock Exchange, said since Sept 26 last year, foreign holdings in Shenzhen-listed strategic emerging industry enterprises have surged by 40 percent in market value, with the total trading value jumping 90 percent and this proves that a growing number of foreign institutional investors are paying more attention to China.