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      News Digest

        First IPO Application Accepted under the Reinstated Fifth Set of STAR Market Listing Standards

        On July 31, the Shanghai Stock Exchange accepted the STAR Market IPO application of Zhuhai Trinomab Biopharmaceutical Co., Ltd, making it the first company to be successfully accepted under the reinstated fifth set of STAR Market listing standards...

        STAR Market Companies Showcase at World Artificial Intelligence Conference, Unleashing New Momentum for Intelligent Manufacturing in China

        From July 26 to 28, the World Artificial Intelligence Conference 2025 (WAIC 2025), themed "Global Solidarity in the AI Era", along with the High-level Meeting on Global AI Governance, was held in Shanghai...

        Potential Deal Exceeds $10 Billion: Hengrui Pharmaceuticals Secures Major Overseas Licensing Agreement

        On July 28, Hengrui Pharmaceuticals announced that it has reached an agreement with GlaxoSmithKline Intellectual Property (No.3) Limited and GlaxoSmithKline Intellectual Property (No.4) Limited to out-license the global exclusive rights (excluding China) to its HRS-9821 program...

        China's First Publicly Offered REIT for a Headquarters-Based Sci-Tech Industrial Park Listed on SSE

        On July 25, the TruValue Sunlon Industrial Park Closed-end Infrastructure REIT, managed by First Capital and its controlled subsidiary TruValue Asset Management, was officially listed on Shanghai Stock Exchange...

        Increased Confidence Among Sci-Tech Enterprises Spurs Bolder Investments: New STAR Market Policy Channels Capital into AI Super Track

        For AI enterprises still in the throes of technological breakthroughs, the threshold for listing on the STAR Market is being significantly lowered. Recently...

        Reform Towards Inclusiveness|New STAR Market Policies Boost Commercial Space Industry

        "The fifth set of listing standards is not only a new option to us, but also a hope to accelerate our company's IPO process," said Wu Xinggui, Deputy General Manager of Spacety...

        Fruitful Results of Four-Year Hard Work: China's REIT Market Value Totals Over 200 Billion Yuan, with SSE Establishing a Main Platform for REIT Market Development

        Since the listing of the first batch publicly traded REITs in 2021, China's REIT market has flourished for four years. As of June 2025, the total issuance scale has exceeded 180 billion yuan and the total market value has exceeded 200 billion yuan...

        Restart of IPO Review under the SSE STAR Market's Fifth Set of Standards, with Healthgen Biotechnology to Be Reviewed by the Listing Review Committee

        Wuhan Healthgen Biotechnology Corp., which has been waiting for two and a half years, will be reviewed by the Listing Review Committee. This is the first enterprise applying for listing with the fifth set of SSE STAR Market standards to be reviewed...

        Offering of the First Clean Energy Holding-type Real Estate ABS and SSE's Establishment of a Multi-level REIT Market for Promoting Green Finance

        On June 17, the "Taikang Asset Management-Caitong-Yuanjing New Energy Holding-type Real Estate Asset Support Special Program (Carbon Neutrality)" (Yuanjing Energy ABS) was successfully issued and established on SSE...

        SSE Series Indexes Perform Outstandingly, Helping to Build a Market Ecosystem of "Long-term Funds for Long-term Investment"

        Since 2025, index-based investment has once again embraced rapid development. In particular, SSE series indexes have performed well. As of the end of May, the total scale of all products for SSE series indexes had exceeded 600 billion yuan...

        First Anniversary of the "Eight Measures": Over 30 Reforms Drive New Quality Productive Forces in the SSE STAR Market

        On June 19, 2024, the China Securities Regulatory Commission issued the Eight Measures on Deepening the SSE STAR Market Reform and Supporting Scientific and Technological Innovation and the Development of New Quality Productive Forces...

        Fifth Listing Standard Adds New Momentum as The SSE STAR Market's Regulatory Framework Grows More Inclusive

        When the SSE STAR Market was first established, it fully considered the actual development of science and technology enterprises and launched fifth listing standards...

        M&A Integration Accelerates as SSE STAR Market Fuels Innovation in the Integrated Circuit Industry

        Since the release of the "Eight Measures" in 2024, integrated circuit companies on the SSE STAR Market have witnessed a wave of mergers and acquisitions (M&A)...

        Nearly 60 Scientific Research Results of Innovative Pharmaceutical Companies on the STAR Market Attract Global Attention

        From June 12 to 15, the European Hematology Association (EHA) Annual Meeting 2025 was held in Milan, Italy. This is one of the most influential academic events in the global field of hematology...

        The STAR Market Eight Measures Stimulates Index-based Investing and Channels Financial Resources Towards Technology Sector

        Over the past year since its release, the STAR Market Eight Measures has facilitated improvement in capital market investment toolkit and provided policy basis for expanding STAR Market ETF products...

        140,000 Employees of Companies Listed on the SSE STAR Market Received Equity Incentives as R&D Investment Soared 10.7% over Three Years

        The SSE STAR Market has always been the first choice for companies to go public with its higher IPO valuations. Hard tech companies with sci-tech innovation attributes...

        SSE STAR Market's Industry Integration Accelerating, High-quality Cases Implemented Progressively

        Driven by favorable policies, the heat of the SSE STAR Market's M&A market continues to rise, becoming a powerful engine for industrial integration and upgrading. Drafts for several transactions...

        Four Benchmark Market-making Bond ETFs on SSE Consecutively Surpass the 10 Billion Yuan Threshold

        Recently, the benchmark market-making bond ETFs on the Shanghai Stock Exchange (SSE) have seen continuous growth, with four products consecutively surpassing the 10 billion yuan threshold...

        Looking Back at the Eight Measures on Deepening the SSE STAR Market Reform and Supporting Scientific and Technological Innovation and the Development of New Quality Productive Forces–A New Start for Reform|"Light-Asset, High-R&D" Refinancing Gathers Pace, Boosting Innovation on the SSE STAR Market

        Since the release of the Eight Measures on Deepening the SSE STAR Market Reform and Supporting Scientific and Technological Innovation and the Development of New Quality Productive Forces one year ago, reform measures have been steadily promoted...

        36 SSE STAR Market-listed Companies Win China Patent Award

        Recently, the China National Intellectual Property Administration released the list of winners of the 25th China Patent Award. A total of 36 SSE STAR Market-listed companies were featured on the list...
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