The move aims to support listings of ‘high-quality’ AI firms that have yet to form ‘a certain scale of revenue’.

Shanghai Enflame Technology secures STAR Market IPO approval, targeting an $830M raise to fund next-gen AI chips despite $600M in cumulative losses.

China's CSRC is encouraging AI companies to list on domestic and Hong Kong exchanges, with over 85% of Chinese AI IPOs in 2026 landing on the HKEX.