Shanghai’s Science and Technology Commission rolled out the Zhangjiang Hi‑Tech Development Zone 15th Five‑Year plan, prioritizing measures to deepen tech financing and support industrial consolidation. Key market measures: back qualified tech firms to list on the STAR Market for financing; encourage tech companies to issue innovation-and-entrepreneurship corporate bonds and investment institutions to issue technology-innovation bonds; expand exit channels via private equity secondary-market (S)

2026-08-19

Shanghai’s Science and Technology Commission rolled out the Zhangjiang Hi‑Tech Development Zone 15th Five‑Year plan, prioritizing measures to deepen tech financing and support industrial consolidation. Key market measures: back qualified tech firms to list on the STAR Market for financing; encourage tech companies to issue innovation-and-entrepreneurship corporate bonds and investment institutions to issue technology-innovation bonds; expand exit channels via private equity secondary-market (S) funds and M&A funds and support equity investment clusters. Plan urges use of the M&A loan pilot to finance industry‑chain acquisitions and better deployment of re-lending for tech innovation and technology renovation and other structural monetary tools. It also calls for stronger angel-investment platforms, fintech–industry integration demonstration zones, and greater private and foreign capital participation in park construction and industrial innovation.

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多邻国股价盘前上涨3%,投行D.A. Davidson将其评级从中性提升至买入。

2026-08-19

The National Healthcare Security Administration (NHSA) set four priorities for the '15th Five-Year' universal healthcare plan. 1) Strengthen system and close gaps: tighten the universal medical insurance framework, raise maternity medical expense coverage and fully establish a nationwide long-term care insurance scheme to reduce regional and group disparities. 2) Push reform and coordination: deepen payment-method reform, drug price governance and dynamic adjustment of the medical insurance reim