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Macro US Stocks

SSE Official: Emerging and Future Industries Make Up Nearly 90% of New STAR Market IPO Filings

Shanghai Stock Exchange Vice President Yuan Duoran said on October 16 that emerging and future industries accounted for nearly 90% of newly filed STAR Market IPO applicants over the past year. Speaking at the Global Wealth Management Forum’s 2026 Shanghai Suhewan conference, Yuan said the board’s role in serving new quality productive forces is becoming more pronounced.

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AI take

The near-90% share signals that the STAR Market's listing pipeline has effectively become a channel for emerging and future industries, rather than a broad-based venue for all tech issuers. That shift matters for how the board's risk profile and sector concentration evolve, and for the kind of companies that can still access it. Whether this concentration continues at the same level is the open question.

Generated by AI for reference only.

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