On the sixth anniversary of the Shenzhen Stock Exchange’s ChiNext
registration-based IPO reform, Shenzhen remains the largest source of ChiNext
listings. As of Aug 23 there were 166 ChiNext-listed companies headquarters in
Shenzhen, versus 130 in Beijing, 81 in Shanghai and 47 in Guangzhou. Six
Shenzhen ChiNext firms have market capitalizations above CNY100 billion,
including Mindray Medical and Inovance Technology. Shenzhen is accelerating
development of an internationally influential industrial tech innovation hub;
experts say leveraging capital-market financing and deepening ChiNext reform
could foster more emerging- and future-industry innovators and support
higher-quality economic growth.
