China’s top securities regulator wants more artificial intelligence companies listing on domestic exchanges and in Hong Kong, a move designed to keep the nation’s hottest sector fundraising closer to home.

The China Securities Regulatory Commission (CSRC) is actively encouraging AI developers and Hong Kong-traded companies to pursue onshore listings, strengthening capital markets that Beijing views as strategically essential.

The Hong Kong play

Hong Kong has emerged as the clear winner of this regulatory posture. Over 85% of Chinese AI-related IPOs in 2026 have landed on the Hong Kong Stock Exchange, making it the de facto launchpad for the country’s technology innovators.

Since 2023, the CSRC has required filings for overseas listings by mainland-linked companies, effectively nudging red-chip firms toward Hong Kong or domestic exchanges rather than foreign alternatives.